Light Industrial Development
For Sale
$440,000
State Route 49 lot 2, Valparaiso, IN 46383
Land, Valparaiso, IN
Property SizeContact for details
Lot Size1.08 Acres
Days on Market97
Property Features for State Route 49 lot 2
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: Sep 6
Last Checked: Sep 15 at 10:06PM
MLS# 840679
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 tract is newly annexed into the City of Valparaiso and carries Light Industrial (INL) zoning. The property is being offered subject to successful lot approval by the buyer and formal recording of the lot from a surveyor’s legal description.
The site fronts State Route 49 near Division Road, with access to major routes 49 and 30. It is positioned south of a Family Express location, south of the ALDI Distribution Center, and near the Porter County Fairgrounds. A 2025 INDOT count recorded 16,891 vehicles per day just north of Division Road. Water is available through the public system, and public sewer is identified. Potential uses noted for the site include heavy retail, light industrial, agricultural services, warehouse, transportation, office, and commercial retail, with applicable city approvals and use verification required.
The site fronts State Route 49 near Division Road, with access to major routes 49 and 30. It is positioned south of a Family Express location, south of the ALDI Distribution Center, and near the Porter County Fairgrounds. A 2025 INDOT count recorded 16,891 vehicles per day just north of Division Road. Water is available through the public system, and public sewer is identified. Potential uses noted for the site include heavy retail, light industrial, agricultural services, warehouse, transportation, office, and commercial retail, with applicable city approvals and use verification required.
Key Highlights
- 1.075‑acre tract newly annexed into the City of Valparaiso
- Light Industrial (INL) zoning
- Located on State Route 49 near Division Road
Property Analytics
Current Use
Lease Details
16,891 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
24
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial land - Light Industrial (INL) zoning offers multiple potential uses, subject to City of Valparaiso approval.
Where is this industrial land located?
The property is located at State Route 49 lot 2 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 tract newly annexed into the City of Valparaiso; Light Industrial (INL) zoning; Located on State Route 49 near Division Road
