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Light Industrial Land
For Sale
$440,000

State Route 49 lot 1, Valparaiso, IN 46383

Land, Valparaiso, IN

Property SizeContact for details
Lot Size1.08 Acres
Days on Market97

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
Listed By: Matt Evans · License #RB14034485
Added: Jun 11 Changed: Sep 6 Last Checked: Sep 15 at 8:06PM
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.

This 1.075-acre parcel is recently annexed into the City of Valparaiso and carries Light Industrial (INL) zoning. Public water and public sewer are available, supporting evaluation for industrial, warehouse, transportation, agricultural service, heavy retail, office, and other commercial applications identified in the source information. Limited-use approval may apply to certain office and retail concepts, and all potential uses should be confirmed with the City of Valparaiso.

The site is positioned near Family Express, the ALDI Distribution Center, and the Porter County Fairgrounds, at the Division Road and Hwy 49 area. Access to Hwy 49 and Hwy 30 provides connections to major regional routes. A 2025 INDOT traffic count recorded 16,891 vehicles per day just north of Division Road.

The sale is subject to successful lot approval by the buyer and recording of the lot from the surveyor’s legal description.

Key Highlights

  • 1.075‑acre parcel in Valparaiso, IN
  • Recently annexed into the City of Valparaiso
  • Light Industrial (INL) zoning

Property Analytics

Current Use

Commercial land

Lease Details

16,891 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Annexed commercial parcel with INL zoning, public water, and public sewer near established commercial and industrial uses.
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‑acre parcel in Valparaiso, IN; Recently annexed into the City of Valparaiso; Light Industrial (INL) zoning
More about this property
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