Light Industrial Development
For Sale
$440,000
State Route 49 lot 1, Valparaiso, IN 46383
LAND - Valparaiso, IN
Lot Size1.08 Acres
Days on Market52
Property Features for State Route 49 lot 1
General Information
Property type
Land
Property subtype
Other
Directions
Hwy 49 and Division Rd, head south on 49 to property on the west side of 49. Just pass Family Express
Standard status
Active
Lot size
1.08 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
Sewer type
Public Sewer
Water source
Public
Listing Agency:
RE/MAX Lifestyles · RE/MAX International
(219) 462-2121
Listed By:
Matt Evans · License #RB14034485
(219) 241-8401
Added: Jun 11
Changed: Jun 17
Last Checked: Aug 1 at 2:06PM
MLS# 840678
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.
A 1.075-acre development lot recently annexed into the City of Valparaiso and zoned Light Industrial (INL). The property is offered for sale as raw land, intended for future site improvements. Buyer should note that use and development plans are subject to municipal review, and potential uses should be confirmed with the City of Valparaiso.
The site is located just south of a new Family Express and just south of the ALDI Distribution Center, near the Porter County Fairgrounds at Division and Hwy 49 (with easy access to major highways 49 and 30). A 2025 INDOT traffic count of 16,891 vehicles per day is reported just north of Division Road, supporting strong visibility to passing traffic.
This location and zoning profile may be a fit for a variety of commercial and light industrial concepts, including retail and office-related uses, as well as warehouse, transportation, and agricultural services. The remarks also note the possibility of limited-use office and commercial retail, along with other potential permitted uses associated with the Light Industrial zoning category. Any specific development or tenancy plan should be verified by the buyer with the City of Valparaiso, including lot approval with the city and recording from the surveyor’s legal description.
The site is located just south of a new Family Express and just south of the ALDI Distribution Center, near the Porter County Fairgrounds at Division and Hwy 49 (with easy access to major highways 49 and 30). A 2025 INDOT traffic count of 16,891 vehicles per day is reported just north of Division Road, supporting strong visibility to passing traffic.
This location and zoning profile may be a fit for a variety of commercial and light industrial concepts, including retail and office-related uses, as well as warehouse, transportation, and agricultural services. The remarks also note the possibility of limited-use office and commercial retail, along with other potential permitted uses associated with the Light Industrial zoning category. Any specific development or tenancy plan should be verified by the buyer with the City of Valparaiso, including lot approval with the city and recording from the surveyor’s legal description.
Key Highlights
- 1.075 ac+- development lot recently annexed into the City of Valparaiso and zoned Light Industrial (INL)
- Utilities include public water and public sewer
- Easy access to major highways 49 & 30
Property Analytics
Current Use
Lease Details
16,891 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,662
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 - 1.075-acre lot zoned Light Industrial (INL) with major highway access and documented traffic exposure along SR 49.
Where is this industrial land located?
The property is located at State Route 49 lot 1 Valparaiso, IN.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1.075 ac+- development lot recently annexed into the City of Valparaiso and zoned Light Industrial (INL); Utilities include public water and public sewer; Easy access to major highways 49 & 30
