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Financial
Distress signals
Property profile

1504 Calumet Ave Valparaiso, IN 46383

OFF-MARKET
Parking lots & garages
Property ID
US31-3177680
0.34 ac lot Built 1977
Last sale Apr 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property consists of a Wendy’s restaurant building at 1504 Calumet Ave in Valparaiso, Indiana, with approximately 3,241 square feet of building area situated on about 0.48 acres. The site is structured to support long-term commercial occupancy under a triple-net lease framework, with rent adjustment provisions tied to CPI changes or a 1.25% annual rate beginning in Year 3, continuing through the initial term and tenant renewal options. The lease structure is supported by a tenant guaranty…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$57k
Assessed land$49k
Assessed improvement$8k
Effective rate2.60%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply27.4
Wholesale Shop25.9
Restaurant25.1

Location

1504 Calumet Ave Valparaiso, IN 46383-3125
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
601 Don Hovey, Valparaiso, IN 46383-6473 $220,000 Jul 2025 2,304 SF
2404 Calumet, Valparaiso, IN 46383-2714 $1,200,000 Jul 2024 8,500 SF
431 Us Hwy 6th, Valparaiso, IN 46383-9746 $171,600 Nov 2023 2,300 SF
105 Porters Vale, Valparaiso, IN 46383-0022 $1,200,000 Dec 2021 9,880 SF
802 Lincolnway, Valparaiso, IN 46383-5804 $197,000 Jul 2021 4,680 SF
403 Lincolnway, Valparaiso, IN 46383-5723 $610,000 Dec 2020 2,020 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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