2601 Leonard Dr Valparaiso, IN 46383
This exceptional 4.1-acre industrial land parcel presents a unique investment opportunity in Valparaiso, Indiana. Located at 2601 Leonard Dr, this property boasts a level topography, simplifying construction and offering design flexibility. All public utilities are readily available on-site, significantly reducing infrastructure costs and expediting development. The property is zoned for business park use, accommodating a wide range of applications, from office spaces to light industrial operations such as assembly. The convenient location offers easy access to major transportation routes, being just 1.5 miles from Route 30 and State Road 49, and only 3 miles from downtown Valparaiso. This strategic positioning provides excellent visibility and accessibility for businesses. The 2022 property taxes were $6,278.40. This is an ideal site for developers or businesses seeking to establish a strong presence in this thriving Indiana community. The asking price for this exceptional property is $495,000. Don't miss this chance to acquire a prime piece of industrial land in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.