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Property profile & analytics

600 Vale Park N Rd Valparaiso, IN 46383-2546

  • Office Properties & Spaces
  • 11,268 SF
  • 1.10 lot acres
OFF-MARKET
Value Estimations
$910,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-0516257
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 600 Vale Park N Rd

Year built
1975
Construction
WOOD
Lot size
1.10 lot acres
Property size
11,268 SF
Property type
Office Properties & Spaces
APN
64-09-13-201-009.000-004
APU
640913201009000004

Description

This exceptional 11,200-square-foot office building presents a unique leasing opportunity. Built in 1994 and extensively renovated in 2021, the property offers unparalleled flexibility. The space is intelligently designed with two distinct 2,500-square-foot wings, each complemented by a 2,500-square-foot lower level area. These wings are connected by a shared common area and a mezzanine, creating a cohesive and efficient workspace. The building's layout allows for subdivision, making it ideal for businesses of various sizes seeking adaptable space to accommodate growth. Its versatility caters to a wide range of business types, including medical, executive, and creative offices. Located adjacent to a University of Chicago building, this property benefits from a vibrant campus setting, offering a stimulating and professional environment. Large windows throughout flood the space with natural light, creating a welcoming atmosphere. A convenient elevator ensures easy access to all levels. This is more than just an office; it's a platform for growth and success in a dynamic community. The property is fully vacant and ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,115,000
    Market price range: $760k - $1.60M
    AI Estimate
    $624,000
    Market price range: $323k - $1.02M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,140,000
    Current use
    RETAIL STORES
    $1,165,000
    Change: +2% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Valparaiso
County
Porter
State
Indiana
Longitude
-87.0534
Latitude
41.4925
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,038
$148,700
$467,200
$615,900
-
$148,700
$467,200
$615,900
More about this property
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