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Property profile & analytics
OFF-MARKET
Land

275 East Dr Valparaiso, IN 46383

19.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.54-acre parcel of land is located at 275 East Dr, Valparaiso, Indiana, in Porter County. Currently used as farmland, this nearly level lot presents a significant opportunity for residential development. The property boasts convenient access via city/town and state roads, offering excellent connectivity. Situated directly across from the Lakes of Valparaiso development, a thriving business park and apartment complex, this location benefits from the established infrastructure and amenities of a rapidly growing area. The land is zoned for residential use, and public utilities are readily available, simplifying the development process. No outbuildings are present on the site. All necessary permits for development will be required. The asking price for this expansive property is $525,000. This is a rare opportunity to acquire a substantial tract of land in a desirable location with high potential for residential construction. The property's proximity to the Lakes of Valparaiso development makes it an attractive investment for builders and developers seeking to capitalize on the area's growth. The 46383 zip code offers easy access to local amenities and services.

Property profile
Verified
Property type Land
Lot 19.54 ac (851,162 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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