431 E Us Highway 6, Valparaiso, IN 46383
Versatile 2,300 SF commercial building on 0.85 acres.
- Added:
- Feb 7, 2026
- Days on Market:
- 139
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 431 E Us Highway 6
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Lot size
- 0.85 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1940
Listing office RE/MAX Lifestyles
Listing date Feb 7, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Lifestyles
HighLights
- High‑traffic visibility directly on US Highway 6.
- Versatile 2,300 SF commercial building suitable for automotive, light industrial, or contracting businesses.
- Heated shop with three service bays and overhead doors (two 10‑foot, one 14‑foot).
- Existing in‑ground auto lift.
- Functional office layout with private office, open administrative area, and restroom with shower.
- Generous 0.85‑acre lot.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.3k | $21.00 |
| − Vacancy | −$2.0k | −$0.88 |
| EGI | $46.3k | $20.12 |
| − OpEx | −$13.9k | −$6.04 |
| NOI | $32.4k | $14.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Porter
- State
- Indiana
- Longitude
- -86.98302
- Latitude
- 41.550312