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Industrial Land with Office
New
For Sale
$240,000

205 1/2 Nickle Plate Avenue, Valparaiso, IN 46383

Commercial Sale, Valparaiso, IN

Property Size504 SF
Lot Size1.57 Acres
Price / SF$476.19
Days on Market3

Property Features for 205 1/2 Nickle Plate Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Parking 10
Parking features Driveway, Off Street
Exterior features Storage
Lot features Back Yard, Private, Front Yard
Directions Linclnway, turn south on franklin, head east on Nickleplate Ave., Property on the left side.
Standard status Active
APN 640925130011000004
Size 504 SF
Lot size 1.57 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description COUNCILS ADD PART OF PARC B IN BLKS 27 & 28
Tax Annual Amount 2294
Legal Description COUNCILS ADD PART OF PARC B IN BLKS 27 & 28

Utilities

Water source Well

Building Details

Year built 1995
Additional Structures Storage
Listing Agency: Double Diamond Real Estate LLC
Listed By: Jennifer Ward · License #471012379
Added: Oct 11 Last Checked: Oct 13 at 4:06AM
MLS# 846698

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.57-acre industrial property consists of two adjacent parcels and includes an office building and a large fenced area. The adjoining parcel has a ranch house with a walk-out basement and porch, along with a 20-by-22-foot pole barn with a new roof. The property record lists 504 square feet and a 1995 construction year. Both parcels are zoned INH for heavy industrial use.

The property is 0.7 miles from downtown Valparaiso and offers access to Highway 30. A well is listed as the water source, with driveway and off-street parking noted.

Key Highlights

  • Two adjacent parcels totaling 1.57 acres
  • Both parcels zoned INH for heavy industrial use
  • Includes an office building and a large fenced area

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,696
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Two parcels feature an office, fenced area, ranch house, and pole barn.
Where is this industrial land located?
The property is located at 205 1/2 Nickle Plate Avenue Valparaiso, IN.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two adjacent parcels totaling 1.57 acres; Both parcels zoned INH for heavy industrial use; Includes an office building and a large fenced area
More about this property
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