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    1009 Calumet Ave Valparaiso, IN 46383

    Sponsored
    For Sale
    $750,000

    Prime Commercial Lot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.52-acre commercial land parcel presents a remarkable development opportunity in the thriving city of Valparaiso, Indiana. Located at the southwest corner of Evans and Calumet Avenues, this strategically positioned property boasts a highly visible location at a signalized intersection, experiencing approximately 10,000 cars daily. Its ideal placement directly across from the Old Fairgrounds Park and a half block from the new Boys and Girls Club capitalizes on Valparaiso's ongoing revitalization efforts. The property is zoned for General Commercial use, ensuring flexibility for a wide range of development projects. Utilities are conveniently located on-site, simplifying the construction process and minimizing upfront costs. The existing structures can be easily cleared, making this a turnkey opportunity for immediate development. The asking price for this prime commercial land is $750,000. This is a rare chance to acquire a highly desirable property in a rapidly growing area with significant potential for substantial return on investment. The address is 1009, 1011, and 1015 N Calumet Ave, Valparaiso, IN 46383, within Porter County.

    Property Features for 1009 Calumet Ave

    General Information

    Property type
    Land
    Lot Size
    22,651 SF

    HighLights

    • High‑visibility corner lot at a signalized intersection with approximately 10,000 cars daily.
    • Utilities readily available on‑site.
    • Zoned General Commercial, allowing for diverse development options.
    • Existing structures easily removed, facilitating immediate development.
    • Ready for new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -86.9624086
    Latitude
    41.4613036

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, High Traffic
    Where is this land located?
    The property is located at 1009 Calumet Ave Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: High-visibility corner lot at a signalized intersection with approximately 10,000 cars daily.; Utilities readily available on-site.; Zoned General Commercial, allowing for diverse development options.
    (219) 510-3720
    Request Owner's contact information
    1009 Calumet Ave Valparaiso, IN 46383
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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
    1009 Calumet Ave Valparaiso, IN 46383
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