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    5805 Murvihill Rd Valparaiso, IN 46383

    For Sale
    $875,000

    7,080 SF Warehouse, 2.42 Acres

    Property size:
    7,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7,080-square-foot industrial warehouse, situated on a spacious 2.42-acre lot in Valparaiso, Indiana, presents a compelling investment opportunity. Priced at $875,000, the property boasts ample parking, accommodating approximately 72 cars and offering the potential to expand to 125 truck and van spaces. Its strategic location near the Porter County Regional Airport and major highways (US 30, US 49, and I-80/94) ensures excellent accessibility and connectivity. The warehouse is ideally suited for businesses requiring extensive yard storage or managing a large fleet of delivery vehicles. Serving a substantial population base of approximately 246,000 people within a 30-minute radius, this property offers significant potential for growth and profitability. The property is also available for lease at $9,500 per month (NNN), with estimated NNN expenses of $2.25 per square foot. The address is 5805 Murvihill Rd, Valparaiso, IN 46383. Directions: Take US Highway 30 East to 325 East.

    Property Features for 5805 Murvihill Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    7,080 SF
    Lot Size
    105,415 SF

    HighLights

    • $875,000 asking price for this industrial warehouse.
    • 7,080 square foot warehouse building.
    • 2.42‑acre lot with ample truck parking (approximately 72 spaces, expandable to 125).
    • Located at 5805 Murvihill Rd, Valparaiso, IN 46383, near Porter County Regional Airport and major highways (US 30, US 49, I‑80/94).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath Food Market Storage Facility HVAC Service Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -86.9905223
    Latitude
    41.4493565

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    FAQs

    What type of property is this?
    Distribution property - 7,080 SF Warehouse, 2.42 Acres
    Where is this distribution property located?
    The property is located at 5805 Murvihill Rd Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: $875,000 asking price for this industrial warehouse.; 7,080 square foot warehouse building.; 2.42-acre lot with ample truck parking (approximately 72 spaces, expandable to 125).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5805 Murvihill Rd Valparaiso, IN 46383
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