Light Industrial Development
For Sale
$1,240,000
E Division Road, Valparaiso, IN 46383
LAND - Valparaiso, IN
Lot Size6.48 Acres
Days on Market51
Property Features for E Division Road
General Information
Property type
Land
Property subtype
Other
Directions
Hwy 49 South to Division Rd. Turn west on Division Rd and the property is on the southside of the road.
Standard status
Active
Lot size
6.48 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Individual lot legal descriptions to be provided by Surveyor
Tax Annual Amount
850
Legal Description
Individual lot legal descriptions to be provided by Surveyor
Utilities
Utilities
Water Available
Listing Agency:
RE/MAX Lifestyles · RE/MAX International
(219) 462-2121
Listed By:
Matt Evans · License #RB14034485
(219) 241-8401
Added: Jun 11
Changed: Jul 7
Last Checked: Jul 31 at 4:06PM
MLS# 840676
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This development site totals 6.48 acres and has recently been annexed into the City of Valparaiso. The property is zoned Light Industrial (INL). A 50' height restriction easement is shown on the recorded plat, and the listing notes that all potential uses should be verified with the City of Valparaiso. Sale is also subject to the buyer’s successful lot approval with the city and recording of the lot from the surveyor’s legal description.
The site is located across the street from the ALDI Distribution Center, and near the Porter County Fairgrounds at Hwy 49. The remarks indicate easy access to major highways 49 and 30, supporting convenient connectivity for prospective industrial and related commercial uses.
Given the Light Industrial zoning, this land may fit a range of Light Industrial and distribution-oriented development strategies, including warehouse and transportation-related operations, as well as other listed categories such as agricultural services and limited-use office or commercial retail. Buyers and developers should confirm specific permitted uses and any development constraints directly with the City of Valparaiso, particularly in light of the height restriction easement.
The site is located across the street from the ALDI Distribution Center, and near the Porter County Fairgrounds at Hwy 49. The remarks indicate easy access to major highways 49 and 30, supporting convenient connectivity for prospective industrial and related commercial uses.
Given the Light Industrial zoning, this land may fit a range of Light Industrial and distribution-oriented development strategies, including warehouse and transportation-related operations, as well as other listed categories such as agricultural services and limited-use office or commercial retail. Buyers and developers should confirm specific permitted uses and any development constraints directly with the City of Valparaiso, particularly in light of the height restriction easement.
Key Highlights
- 6.48‑acre development site annexed into the City of Valparaiso
- Zoned Light Industrial (INL) with potential permitted uses including heavy retail, light industry, agricultural services, and warehouse
- Across the street from the ALDI Distribution Center near the Porter County Fairgrounds off Hwy 49
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 46383, IN
41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Development ground annexed into Valparaiso, zoned Light Industrial, with a documented 50' height restriction easement.
Where is this industrial land located?
The property is located at E Division Road Valparaiso, IN.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: 6.48‑acre development site annexed into the City of Valparaiso; Zoned Light Industrial (INL) with potential permitted uses including heavy retail, light industry, agricultural services, and warehouse; Across the street from the ALDI Distribution Center near the Porter County Fairgrounds off Hwy 49
