Property profile

302 E Lincolnway Valparaiso, IN 46383

FOR LEASE
Office Units
Property ID
US31-3427028
7,500 SF
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

- Expansive open interior space with 18’ ceilings to deck above. - The 12' windows provide significant street visibility from north and west. - The building space is set back from the public sidewalk providing dedicated outdoor seating/dining area on both north and west sides for 80 potential seats. - The tall ceiling height offers potential for the build out of loft space for storage. Convenient parking directly across the street in the 4 floor garage. - The corner location also provides great visibility for signage to pedestrians as well as vehicle traffic coming into or leaving the downtown area via Morgan or Lincolnway.

Property profile

Verified
Property type Office Units
Total area 7,500 SF
UPID US31-3427028

Cap rate & NOI

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

Location

302 E Lincolnway Valparaiso, IN 46383
Valparaiso metro
Google Maps

Value estimations

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

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2020
$422,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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