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Industrial Land With Office Building
For Sale
$245,000

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

Commercial Sale, Valparaiso, IN

Property Size504 SF
Lot Size1.17 Acres
Price / SF$486.11
Days on Market88

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
Exterior features Storage
Lot features Back Yard, Private, Front Yard
Directions Lincolnway - south on franklin, east on Nickle Plate, properties on the left side.
Standard status Active
APN 640925130011000004
Size 504 SF
Lot size 1.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description COUNCILS ADD PART OF PARC B IN BLKS 27 & 28
Tax Annual Amount 2293
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: Jun 8 Changed: Sep 2 Last Checked: Sep 3 at 6:06AM
MLS# 840302

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 industrial land offering consists of two adjoining parcels with INH heavy industrial zoning. Improvements include a 504-square-foot office building, a substantial fenced area, and storage-related exterior features. The adjoining parcel adds a ranch house with a walk-out basement and porch, along with a 20-by-22-foot pole barn topped with a new roof.

The property is located approximately 0.7 miles from downtown Valparaiso and provides access to Hwy 30. A well supplies the water source, while driveway parking is available. The listed address is 205 1/2 Nickle Plate Avenue, with the adjoining property also identified as 205 Nickle Plate Avenue.

Key Highlights

  • Two adjacent parcels zoned INH - Heavy Industrial
  • 504‑square‑foot office building included
  • Large fenced‑in area with storage potential

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store 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.

Lease Details

Yes
Fenced yard

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

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 adjoining parcels offer heavy industrial zoning, an office building, fenced storage area, and additional residential-style improvements.
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 $245,000.
What are key features of this property?
This property features: Two adjacent parcels zoned INH - Heavy Industrial; 504‑square‑foot office building included; Large fenced‑in area with storage potential
More about this property
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