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Neighborhood Commercial Office Lot
For Sale
$79,500

556 Vale Park Road, Valparaiso, IN 46385

Land, Valparaiso, IN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market354

Property Features for 556 Vale Park Road

General Information

Property type Land
Property subtype Other
Subdivision Keystone Commons
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High school Valparaiso High School
Elementary school district Valparaiso
Middle school district Valparaiso
High school district Valparaiso
Directions From Lincolnway and Campbell St, go north on Campbell St to Vale Park Rd. Turn right into Lamplight Sq and travel north to lot. Look for Sign
Standard status Active
APN 640911477034000004
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lamplight Square in Keystone Commons Parc in N82.57 E77 in farthest NE corner .146A
Tax Annual Amount 7
Legal Description Lamplight Square in Keystone Commons Parc in N82.57 E77 in farthest NE corner .146A

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: RE/MAX Lifestyles · RE/MAX International
Listed By: Matt Evans · License #RB14034485
Added: Sep 23, 2025 Changed: Aug 27 Last Checked: Sep 11 at 3:06AM
MLS# 828183

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 0.15-acre commercial parcel is designated CN Neighborhood Commercial, supporting lower-intensity office uses. Common parking and drainage improvements are already in place, providing established site infrastructure for a future commercial building. Public water and public sewer serve the property.

The lot is located at 556 Vale Park Road in Valparaiso, across from Valparaiso High School and near the Campbell and Vale Park intersection. It is part of Lamplight Square at Keystone Commons, a setting with surrounding professional office properties. Common-area parking, snow removal, and grounds care are managed centrally for the development. Comparable nearby lots have building footprints of approximately 2,500 SF.

Key Highlights

  • 0.15‑acre commercial lot at 556 Vale Park Road, Valparaiso, IN 46385
  • CN Neighborhood Commercial zoning supports lower‑intensity office uses
  • Common parking lot and drainage accommodations already installed

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Pharmacy HVAC Service Big Box & Wholesale Store

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

234
Businesses Nearby

Demographics for 46385, IN

41,832
Population
16,071
Households
2.6
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
80.7 sq mi
ZIP Area
518
Density / Sq Mi
$97,208
Median Household Income
$50,582
Median Earnings
$1,225
Median Rent
$305,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - CN-zoned parcel with public water, public sewer, and shared parking infrastructure.
Where is this commercial land located?
The property is located at 556 Vale Park Road Valparaiso, IN.
What is the asking price?
The asking price for this property is $79,500.
What are key features of this property?
This property features: 0.15‑acre commercial lot at 556 Vale Park Road, Valparaiso, IN 46385; CN Neighborhood Commercial zoning supports lower‑intensity office uses; Common parking lot and drainage accommodations already installed
More about this property
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