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Property profile & analytics
OFF-MARKET
Land

0 Silhavy Rd Valparaiso, IN 46383

16.04 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.04-acre commercial land parcel presents a significant development opportunity in Valparaiso, Indiana. Located off Silhavy Road, this nearly level, wooded site boasts convenient access to Highway 49 via the E County Road 400 on/off ramps. Its strategic location places it between Highway 49 and Silhavy Road, directly across from The Lakes of Valparaiso development, a thriving business park and multi-residential community. Currently used as farmland, the property offers diverse development potential, including condominium, commercial, industrial, multi-family, and storage locker facilities. A portion of the land is annexed into Valparaiso, and zoning includes Campus, Rural Residential, and Public Space designations. All necessary permits are required for development. The property features extensive Highway 49 frontage and is ideal for various uses, such as a warehouse or truck stop. The asking price is $625,000, with cash or conventional financing options available. There are no existing outbuildings on the site.

Property profile
Verified
Property type Land
Lot 16.04 ac (698,702 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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