1705 Firestone Ln Valparaiso, IN 46383
- Commercial land
- 0.17 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1705 Firestone Ln
- Lot size
- 0.17 lot acres
- Property type
- Commercial land
- APN
- 64-10-19-329-015.000-004
- APU
- 641019329015000004
Description
This exceptional 1.127-acre parcel in Valparaiso, Indiana, presents a prime opportunity for multi-family development. Located at the northwest corner of Firestone Lane and Marks Road, this property boasts exceptional visibility to Lincolnway, a major thoroughfare. The site comprises six contiguous lots (PIN# 64-10-19-329-012.000-004, 013, 014, 015, 016, 017), all zoned UR (Urban Residential), permitting the construction of apartments, townhomes, duplexes, and condominiums. Its strategic location near Valparaiso University and Lincolnway's thriving commercial district offers unparalleled access to amenities and a strong rental market. Surrounded by established multi-family developments and retail businesses including Indiana Furniture, Dairy Queen, Country Inn and Suites, Dollar General, Jimmy Johns, Culvers, and 1st Source Bank, this property benefits from a robust infrastructure and high demand. The ample lot size allows for the potential development of two apartment buildings with associated garages, offering significant development flexibility. All six lots are being sold together for $390,000. This is a rare opportunity to acquire a large, well-located parcel ideal for a lucrative multi-family project in a desirable Indiana community. The address is 1705 Firestone Ln, Valparaiso, IN 46383.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Porter
- State
- Indiana
- Longitude
- -87.0399
- Latitude
- 41.4691
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
