2510 Cumberland Dr Valparaiso, IN 46383
For Sale
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Property summary
This exceptional 1.99-acre commercial lot, identified as Lot 4 of Viking Place, presents a remarkable investment opportunity in Valparaiso, Indiana. Strategically located at the vibrant five-points roundabout intersection of Calumet, Vale Park, and Roosevelt Roads, this property enjoys high visibility and accessibility. The site is part of an 11+-acre development featuring six available lots, all benefiting from existing entry signage and curbs, streamlining the development process. Zoned for General Commercial use, the possibilities are extensive, encompassing retail, restaurants, banking, medical facilities, general commerce, service industries, and grocery stores. The area boasts a thriving commercial environment, with nearby establishments including Starbucks, Family Express, 1st Source Bank, a multi-million dollar YMCA campus, Strack & Van Til Grocery, Burger King, and 5/3 Bank, among other regional and national retailers. This property offers a significant advantage with its large existing parking lot situated on Cumberland Drive. The sale is contingent upon final subdivision and plat approval by the City of Valparaiso and the final recording of the Declaration of Covenants and Restrictions. This prime location and versatile zoning make this an exceptional opportunity for a wide range of commercial ventures. The asking price is $475,200. Contact us to schedule a viewing.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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