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Property profile & analytics
OFF-MARKET
Commercial real estate

530 Lake Park Dr Valparaiso, IN 46385

3.54 ac lot
Property ID
US31-0549744
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 Commercial real estate
Lot 3.54 ac (154,333 SF)
APN 64-09-04-302-015.000-003
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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