127 Hwy Valparaiso, IN 46383
- Specialty properties
- 60,000 SF
- 22.50 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 127 Hwy
- Year built
- 2006
- Lot size
- 22.50 lot acres
- Property size
- 60,000 SF
- Property type
- Specialty properties
Description
This exceptional 60,000-square-foot sports and training complex, built in 2006, sits on a 22.5-acre lot at the high-traffic intersection of US Highway 6 and State Road 49 in Valparaiso, Indiana. The single-story steel-framed building features 32-foot ceilings and includes four regulation-size basketball courts, a large gymnastics and cheerleading area, 3,740 square feet of office space, restrooms, a concession area, and a pro shop. The property also boasts an 8,000-square-foot grass playing field and ample parking for 275 vehicles. An additional 12 acres of surplus land presents significant expansion opportunities. The CH High Intensity Commercial zoning allows for diverse commercial, industrial, and institutional uses, making this a prime candidate for repurposing or expansion. The property's strategic location offers easy access to Interstates 90, 94, and 65, placing it within convenient reach of Valparaiso, Chesterton, South Bend, Chicago, and Indianapolis. The 2023 revenue was $997,400. Parcel numbers are 64-07-19-301-003.000-006 and 64-07-19-351-006.000-006. The asking price is $6,000,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Porter
- State
- Indiana
- Longitude
- -87.0429
- Latitude
- 41.5535
