Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Auto shops

    1307 Calumet Ave, Valparaiso, IN 46383-3629

    1,519 SF 0.44 ac lot Built 1950
    Entity Owned ~ Est. High Equity
    Property ID
    US31-0637078
    Property summary
    AI-generated overview

    This exceptional 0.44-acre commercial property at 1307 Calumet Avenue in Valparaiso, Indiana presents a remarkable development opportunity. Boasting a prime corner location with high visibility, this site offers unparalleled potential for a variety of businesses. The property previously housed Wendall's Service Station, a 31x49 foot structure featuring a two-car bay and a combined retail/restroom area. Its strategic location directly across from the Valparaiso Parks Department's Old Fairgrounds provides significant advantages. The park offers a wealth of recreational amenities, including a 3/4-mile walking track, four softball fields, the Flounder & Friends Skatepark, a playground, and the Life Trails System for adults aged 50+. This ensures high foot traffic and visibility for any new development. Importantly, significant environmental remediation has already been undertaken. The seller collaborated with the State of Indiana and IDEM through the Brownfields Program, investing over $1 million to address environmental concerns. Documentation supporting this remediation is available upon request. A Closure/NFA Letter from the Brownfields Program is anticipated shortly. For qualified buyers, a Comfort Letter from Indiana's Brownfields Program can be provided. This property represents a unique chance to capitalize on a desirable location with a clean environmental record and significant potential for future growth. Don't miss this exceptional investment opportunity.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1950
    Total area 1,519 SF
    Lot 0.44 ac (19,166 SF)
    APN 64-09-13-451-010.000-004
    UPID US31-0637078
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Peregrine Holdings LLC
    Peregrine Holdings LLC
    since 2025
    7 recorded transactions
    2025
    $360,000
    2018
    2017
    2015
    2011
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1307 Calumet Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message