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Property profile & analytics
OFF-MARKET
Land

0 Tbd Silhavy Rd Valparaiso, IN 46383

8.39 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 8.39 ac (365,468 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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