Financial
Distress signals
Property profile

1861 Sturdy Rd Valparaiso, IN 46383

FOR LEASE
Medical Office Space
Property ID
US31-0725859
10,424 SF 33.89 ac lot Built 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This medical or professional office property contains approximately 1,394 square feet of office space. It is located on the south side of Valparaiso, Indiana, south of U.S. Highway 30, off Sturdy Road, near Valparaiso University and Walmart. The building was constructed in 2006 and features high ceilings and ample windows. The space is configured for tenant build-out, with the option for landlord participation in improvements subject to agreed-upon finish selections. Parking is available in

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$935k
Assessed land$220k
Assessed improvement$715k
Effective rate1.74%

Value estimate

· Sep 2026
$430k
$387k – $473k
AI approach$375k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 720.88% cap applied$17k

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?
720.88%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.0
Dental Office10.9
Auto Parts Store10.0

Location

1861 Sturdy Rd Valparaiso, IN 46383
County assessor Recorded deeds · 1 transfer 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1910 Calumet, Valparaiso, IN 46383-2704 $475,000 Jun 2025 4,366 SF
401 Wall St, Valparaiso, IN 46383-2521 $105,000 Dec 2024 No data
502 Wall, Valparaiso, IN 46383-2584 $1,260,000 May 2023 11,270 SF
4400 Calumet, Valparaiso, IN 46383-1687 $2,562,500 Jan 2023 7,494 SF
2601 Beech, Valparaiso, IN 46383-6008 $435,000 Sep 2022 2,390 SF
1111 Glendale, Valparaiso, IN 46383-3724 $725,000 Mar 2020 19,595 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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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
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