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Property profile & analytics
OFF-MARKET
Specialty properties

0 Smoke Rd Valparaiso, IN 46385

960 SF 2.26 ac lot
Property ID
Property summary
AI-generated overview

This 2.26-acre commercial property in Valparaiso, Indiana, is priced at $295,000. Located on the hard corner of Smoke Road and Indiana Route 2, with a stoplight, it boasts 575 feet of frontage on Smoke Road and 250 feet on City View. Zoned CH (High Intensity Commercial), this site offers excellent visibility and accessibility, with exposure to approximately 10,000 vehicles daily. The property includes a 960 square foot concrete block building in good condition, featuring utilities (electricity, gas, heat, and water), space for an overhead door, and potential for a light overhead crane. The building's versatile design makes it suitable for a range of uses, including warehouse, processing area, or office space. Its prime location and zoning make it attractive for various commercial ventures, such as car lots, car washes, convenience stores, flex spaces, gas stations, medical offices, restaurants, retail businesses, or mixed-use developments. Utilities are readily available. The property's 46385 zip code and Porter County location provide easy access to Indiana Route 2, further enhancing its appeal to a wide array of potential buyers.

Property profile
Verified
Property type Specialty properties
Total area 960 SF
Lot 2.26 ac (98,446 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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