Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2252 Morthland Dr Valparaiso, IN 46383

    • Lifestyle centers
    • 24,862 SF
    • 6.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 2252 Morthland Dr

    Year built
    1994
    Lot size
    6.64 lot acres
    Property size
    24,862 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.0336
    Latitude
    41.4578

    Comparable in this City

    • Value Estimation by Request
      0.81 Acres

      71 81st 91st Silhavy Rd

      SHOPPING CENTER, STRIP CENTER • 0.81 Acres
      71 81st 91st Silhavy Rd, Valparaiso, IN 46383
      View Details
    • Value Estimation by Request
      10,251 SF

      201 Us Hwy 30th, Unit 9

      SHOPPING CENTER, STRIP CENTER • 10,251 SF
      201 Us Hwy 30th, Valparaiso, IN 46383
      View Details
    • Value Estimation by Request
      20,819 SF

      3002 Calumet Ave

      SHOPPING CENTER, STRIP CENTER • 20,819 SF
      3002 Calumet Ave, Valparaiso, IN 46383-2640
      View Details
    • Value Estimation by Request
      5,344 SF

      501-503 Silhavy Dr

      SHOPPING CENTER, STRIP CENTER • 5,344 SF
      501-503 Silhavy Dr, Valparaiso, IN 46383
      View Details
    • Value Estimation
      $375,000
      16,000 SF

      2502 Beech St Ste, Unit 10

      SHOPPING CENTER, STRIP CENTER • 16,000 SF
      2502 Beech St Ste, Valparaiso, IN 46383-6215
      View Details
    • Value Estimation
      $275,000
      16,000 SF

      2502 Beech St Ste, Unit 50

      SHOPPING CENTER, STRIP CENTER • 16,000 SF
      2502 Beech St Ste, Valparaiso, IN 46383-6215
      View Details

    Similar Nearby for Sale

    • $220,000
      1,254 SF

      Valparaiso Mixed-Use Commercial Property

      1,254 SF, 2.91 Acres, Prime Location
      680 Calumet Ave, Valparaiso, IN 46383
      View Details
    • $449,999
      0.16 Acres

      Valparaiso Mixed-Use Opportunity

      Two-story building near Valparaiso University with mixed-use zoning.
      704 Lincolnway, Valparaiso, IN 46383
      View Details
    • $469,900
      2,208 SF

      Lincolnway Commercial Property

      Valparaiso, IN: Versatile 2,208 sq ft building
      801 Lincolnway, Valparaiso, IN 46383
      View Details
    • $295,000
      1,600 SF

      Valparaiso Office Space For Sale

      Professionally finished 1,600 SF office space in Valparaiso, Indiana.
      2502 Beech St, Valparaiso, IN 46383
      View Details
    • $2,098,999
      13,608 SF

      Two-Story Commercial Building in Valparaiso

      13,000 SF two-story building with development potential.
      808 Vale Park Rd, Valparaiso, IN 46383
      View Details
    • $1,800,000
      2,364 SF

      Valparaiso Commercial Property For Sale

      Two-lot commercial property in high-traffic Valparaiso location.
      1003 Calumet Ave, Valparaiso, IN 46383
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,500 SF

      Valparaiso Office Space: 6 Morgan Blvd

      Downtown Valparaiso office suites, 800-2700 sq ft.
      6 Morgan Blvd, Valparaiso, IN 46383
      View Details
    • $18 SF/Yr
      10,820 SF

      Calumet Station Retail Space Available

      Prime Retail Space, 1200 sq ft+
      1615 Calumet Ave, Valparaiso, IN 46383
      View Details
    • $19 SF/Yr
      1,795 SF

      Retail Space in Silhavy Square

      Retail space available in a well-located Valparaiso shopping center.
      501 Silhavy Rd, Valparaiso, IN 46383
      View Details
    • $18 SF/Yr
      1,500 SF

      Valparaiso Retail Space For Lease

      Retail space available in a busy Valparaiso shopping center.
      2908 Calumet Ave, Valparaiso, IN 46383
      View Details
    • Contact for pricing
      23,000 SF

      Valparaiso Retail Development Opportunity

      Retail development opportunity in Valparaiso's premiere power center.
      610 Porters Vale Blvd, Valparaiso, IN 46383
      View Details
    • $10 SF/Yr

      Historic Downtown Valparaiso Leasing Opportunity

      Office and retail spaces for lease in updated historic building.
      17-19 E Lincolnway, Valparaiso, IN 46383
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2252 Morthland Dr
    Valparaiso, IN 46383
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.