Technical
Financial
Distress signals
Property profile

2401 Beech St Ste A Valparaiso, IN 46383

OFF-MARKET
Office Spaces
Property ID
US31-0542373
9,672 SF 0.85 ac lot Built 2001
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property presents a unique investment opportunity in Valparaiso, Indiana. Situated on a 0.85-acre lot at 2401 Beech Street, Unit D, this 1,400 square foot (+/-) condo offers versatile space ideal for a small business owner or investor. The ground floor boasts a wide-open layout, perfect for customizing to suit various office needs. A restroom is already in place, simplifying build-out for private offices. Its convenient location offers easy access to major retail centers and restaurants, ensuring high visibility and accessibility for clients. Adding to its appeal, an upstairs studio apartment generates consistent rental income, currently leased at $875 per month through the end of September. This provides a passive income stream while offering the potential for owner occupancy. The combination of a ground-floor commercial space and a separately leased residential unit creates a compelling investment opportunity with significant upside potential. The property's size and layout offer flexibility for a variety of business types, making it an attractive option for entrepreneurs seeking a blend of work and living space or investors looking for a strong return on investment. The asking price is $240,000.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2001
Construction WOOD
Total area 9,672 SF
Lot 0.85 ac (36,852 SF)
APN 64-10-19-276-001.000-004
UPID US31-0542373

Cap rate & NOI

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

Location

2401 Beech St Ste A Valparaiso, IN 46383-6107
Valparaiso metro Census 50802 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2023
Last sale
$227,000
4 recorded transactions
2023
$227,000
2004
Price N/A
2004
Price N/A
2004
Price N/A

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
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