149 St Rd Valparaiso, IN 46385
This exceptional 53.78-acre property in Valparaiso, Indiana, presents a unique investment opportunity. Strategically located on the hard corner of State Roads 149 and 130 in Porter County, this land boasts significant frontage: approximately 1,300 feet on IN 130 and 468 feet on IN 149. The property offers a blend of zoning classifications, with 14 acres designated for high-intensity commercial use and the remaining approximately 40 acres zoned for rural residential development. Adding to its appeal are two existing revenue-generating billboards. Utilities are largely available on-site, and a 5-acre pond provides natural drainage. High daily traffic counts of 8,400 and 8,150 vehicles are recorded on IN 130 and IN 149 respectively, making this location ideal for a variety of commercial ventures. The asking price for this prime commercial land is $1,575,000. The address is 0 St Road 149, Valparaiso, IN 46385.
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
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