You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Strip malls

1703 Calumet Ave Valparaiso, IN 46383-3332

11,544 SF 1.05 ac lot Built 2018
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US31-3505743
Property summary
AI-generated overview

This exceptional Class A commercial building, constructed in 2018, offers 11,544 square feet of versatile office space in the heart of Valparaiso. Located at 1703 Calumet Ave, near Glendale, this single-story building sits on a 1.04-acre lot and features five suites, with a large vacant end-cap space of 3,900 square feet immediately available. The minimum divisible space is 1,950 square feet, with a maximum contiguous space of 3,900 square feet. The building boasts a modern design with high ceilings and ample natural light from large windows. Amenities include 49 parking spaces and convenient access via two customer entrances and a rear door. Each suite includes private bathrooms. Previous tenants include a fitness center, highlighting the adaptability of the space. The property is situated in a thriving commercial center alongside CVS and County Market, with other established businesses such as Pinnacle Dermatology, Geitonia Greek Grill, and Nutrition Lounge. The landlord is seeking a five-year lease with a 3% annual escalator. The base rent is $20 per square foot, plus an estimated $7 per square foot for NNN expenses (CAMs, insurance, and taxes). Utilities are the responsibility of the tenant. The landlord is open to negotiating tenant improvement allowances. APN: 640913401035000004.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2018
Construction TYPE NOT SPECIFIED
Total area 11,544 SF
Lot 1.05 ac (45,694 SF)
APN 64-09-13-401-035.000-004
UPID US31-3505743
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
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$597k
Blend (final) Blend
$570k
Owner & transaction history
Didio LLC · 4 yrs held
Didio LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $875,000 +109.2%
Restaurant $860,000 +105.6%
Industrial (general) $785,000 +87.7%
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?”
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