Current Use by Public Records
- Land
Property Details for 0 Tbd Silhavy Rd
- Lot size
- 8.39 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 8.39-acre property presents a unique development opportunity in Valparaiso, Indiana. Strategically located off Indiana Highway 49 at the intersection of Vale Park and Silhavy Road, this site boasts excellent visibility and accessibility. Traffic counts exceeding 37,000 vehicles annually (combined 2022 and 2023 INDOT data for Vale Park and Highway 49) ensure high exposure for any development. The property's proximity to the vibrant northside commerce area, including the post office and high school, further enhances its appeal. Its current zoning is Campus, but its location adjacent to medical and senior care facilities suggests potential for a complementary use rezoning. Prospective buyers should independently verify zoning and permitted uses with the City of Valparaiso Planning & Zoning Department. A significant advantage is the property's location directly across from a NIPSCO substation, ensuring convenient access to power. This prime parcel offers developers a rare chance to create a thriving project in a high-demand area. The APN is 64-10-17-102-001.000-029. The asking price for this exceptional opportunity is $895,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Porter
- State
- Indiana
- Longitude
- -87.0271
- Latitude
- 41.4921
