Technical
Financial
Distress signals
Property profile

530 Lake Park Dr Valparaiso, IN 46385

OFF-MARKET
Land
Property ID
US31-0549744
3.54 ac lot
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Property summary

AI-generated overview

This exceptional 3.543-acre property in Valparaiso, Indiana, presents a unique development opportunity. Located at 530 N Lakepark Dr, 46385, this collection of six residential lots, ranging from 0.426 to 0.824 acres, offers flexibility for various projects. Buyers can choose to develop the land to county subdivision standards, including road improvements, grading, and utility delivery, or opt for a single-estate build. Water and sewer access is anticipated at the road stub, though buyers must independently verify utility availability. The property's topography necessitates a bridge or culvert due to a creek. Detailed wetland delineations and most individual plot plans with topography are readily available. The property is served by Valparaiso schools. This is an ideal opportunity for developers or builders seeking to vertically integrate and acquire multiple lots for construction. The asking price is $250,000, with a price per acre of $70,561.67. Individual lot addresses and APNs are available upon request.

Property profile

Verified
Property type Land
Lot 3.54 ac (154,333 SF)
UPID US31-0549744

Cap rate & NOI

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

Location

530 Lake Park Dr Valparaiso, IN 46385
Valparaiso metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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