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Property profile & analytics
OFF-MARKET
Land

232 500 Valparaiso, IN 46383

0.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.96-acre commercial land parcel presents a strategic investment opportunity in the thriving Valparaiso, Indiana market. Located at 232 East 500 North, this property boasts a highly desirable CA-Campus zoning designation, opening doors to a variety of development possibilities. Its prime location offers unparalleled visibility and accessibility, situated conveniently off State Road 49 at the well-lit intersection of 500 North. The asking price is $800,000, translating to $833,333 per acre, reflecting the significant value and potential of this land. This is an ideal site for developers or owner-operators seeking to establish a presence in a dynamic and growing area. The property's strategic location and zoning make it a lucrative opportunity for those seeking to capitalize on the robust Valparaiso market. Don't miss this chance to acquire a highly sought-after commercial land parcel in Porter County, Indiana, with a zip code of 46383. The property's coordinates are 41.5068102 latitude and -87.0215629 longitude.

Property profile
Verified
Property type Land
Lot 0.96 ac (41,818 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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