232 500 Valparaiso, IN 46383
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.