Property profile

2052 Morthland Dr Valparaiso, IN 46385

OFF-MARKET
Auto shops
Property ID
US31-1196974
42,945 SF 8.83 ac lot Built 1978
Entity Owned 10-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 42,945 SF
Lot 8.83 ac (384,635 SF)
APN 64-09-26-101-001.000-004
UPID US31-1196974

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Car Dealership Auto Repair Shop
  • Auto Parts Store
  • Auto Repair Shop
  • Car Dealership

Location

2052 Morthland Dr Valparaiso, IN 46385-5439
Valparaiso metro Census 50901 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.95M

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $3.1M +3.4%
Restaurant $3.1M +0.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 2052 Morthland Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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