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    300 Joliet Rd Valparaiso, IN 46385

    For Sale
    $2,670,000

    88+ Acres, Hwy 30 Frontage, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 88.784-acre agricultural property in Valparaiso, Indiana, presents a unique investment opportunity. Located in Porter County, with the APN 64-09-20-476-001.000-019, this land boasts over 2000 feet of frontage along both sides of Highway 30 (buyer to verify). A survey is available for the parcel. The terrain is primarily rolling, with one section having a history of hay farming. The property also features a mix of trees and wetlands, adding to its natural beauty and potential for diverse uses. The asking price is $2,670,000, translating to approximately $30,072.99 per acre. Its size and highway frontage make it highly suitable for development, while its agricultural zoning (Agriculture) allows for a range of possibilities. The property's location at 300 W Joliet Rd, Valparaiso, IN 46385 (41.4690884, -87.1240626) offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a significant land holding with substantial development potential in a desirable location. Serious inquiries only.

    Property Features for 300 Joliet Rd

    General Information

    Property type
    Farms
    Lot Size
    3,867,431 SF

    HighLights

    • $2,670,000 asking price for 88.784 acres of agricultural land.
    • Located at 300 W Joliet Rd, Valparaiso, IN 46385.
    • APN: 64‑09‑20‑476‑001.000‑019.
    • Zoned for agriculture.
    • $30,072.99 per acre land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hotel & Motel Food Market Garden Center Pawn Shop Shopping Mall Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.1240626
    Latitude
    41.4690884

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    FAQs

    What type of property is this?
    Farm - 88+ Acres, Hwy 30 Frontage, Development Potential
    Where is this farm located?
    The property is located at 300 Joliet Rd Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $2,670,000.
    What are key features of this property?
    This property features: $2,670,000 asking price for 88.784 acres of agricultural land.; Located at 300 W Joliet Rd, Valparaiso, IN 46385.; APN: 64-09-20-476-001.000-019.
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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

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    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
    300 Joliet Rd Valparaiso, IN 46385
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