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    792 Merganser Ln Valparaiso, IN 46385

    Sponsored
    For Sale
    $125,000

    1.56-acre income-producing vacant land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1.56-acre vacant land parcel at 792 Merganser Lane, Valparaiso, Indiana (46385), presents a unique investment opportunity. Priced at $125,000, this property offers an 8% capitalization rate. Its strategic location provides an exclusive water source for the Mallards Landing Subdivision, generating attractive monthly rental income. Importantly, there are no HOA dues associated with this property. While serving as the subdivision's essential water supply, the lot is restricted from residential development or construction

    Property Features for 792 Merganser Ln

    General Information

    Property type
    Land
    Lot Size
    67,954 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Hair Salon Hotel & Motel Pharmacy Storage Facility Car Rental Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.099768
    Latitude
    41.54927

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    FAQs

    What type of property is this?
    Land - 1.56-acre income-producing vacant land.
    Where is this land located?
    The property is located at 792 Merganser Ln Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $125,000.
    Request Owner's contact information
    792 Merganser Ln Valparaiso, IN 46385
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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
    792 Merganser Ln Valparaiso, IN 46385
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