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Property profile

2352 Morthland Dr Valparaiso, IN 46385

OFF-MARKET
Grocery and convenience stores
Property ID
US31-0668738
20,426 SF 3.18 ac lot Built 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This former church building has a renovated interior and underwent recent exterior improvements, including a roof replacement in 2020 and installation of a new HVAC system. A full interior buildout was completed within the past five years. The building contains 9,456 square feet and is situated on a 3.5-acre lot. The property is located on US 30 in Valparaiso, Indiana, positioned along a highway serving motorists traveling west out of the county. It is located within a certified opportunity zone in Census Tract 18127050900.

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?
$54k
Tax billed · 2023
Assessed value$2.08M
Assessed land$335k
Assessed improvement$1.75M
Effective rate2.60%

Value estimate

· Oct 2026
$2.40M
$2.16M – $2.64M
Submarket $/SF estimate$2.31M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$60 – $174

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Restaurant14.8
HVAC Service11.9

Location

2352 Morthland Dr Valparaiso, IN 46385-5370
County assessor Recorded deeds · not on file 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

4 recorded sales · 12 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19 Us Hwy 6th, Valparaiso, IN 46385-8996 $355,000 Jul 2024 5,350 SF
597 Us Hwy 30, Valparaiso, IN 46385-9244 $1,700,000 Apr 2024 8,429 SF
552 Lincolnway, Valparaiso, IN 46385-5531 $350,000 Nov 2023 2,135 SF
887 100th W, Valparaiso, IN 46385-8522 $440,000 Aug 2022 1,920 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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