D-401 Wall St Valparaiso, IN 46383
Move-in ready medical office condo with exam space and private rooms in a multi-unit medical complex.
- Added:
- May 11, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 8 at 3:42 am
Property Features for D-401 Wall St
General Information
- Standard status
- Active
- Size
- 1,098 SF
- Lot size
- 2.00 Acres
Listing office Century 21 Alliance Group (219) 405-8596
Listing date May 11, 2026
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Alliance Group
Investment Insights
Based on property information with market context.
The suite is located within a 10-unit medical complex on a 2-acre site, with ample shared patient parking. The unit provides access to shared waiting areas and common restrooms, and includes basement storage.
Previously occupied by a pediatric physical therapist, the space is well suited for medical and professional users looking for ready-to-occupy office improvements. With both private room capacity and an adaptable treatment area, the condo can accommodate a range of practice types while maintaining a practical patient experience through dedicated waiting space and restroom access.
Key Highlights
- Recently renovated 1,098 SF medical office condo on Wall Street in Valparaiso
- Includes four private offices/exam rooms, patient waiting area, kitchen, restroom, and a large open treatment room
- Large open treatment room could be demised into additional exam rooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.7k | $17.04 |
| − Vacancy | −$1.1k | −$1.02 |
| EGI | $17.6k | $16.02 |
| − OpEx | −$4.4k | −$4.00 |
| NOI | $13.2k | $12.01 |
Alternative Uses
Property Analytics
Current Use by Public Records
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