951 Transport Dr Valparaiso, IN 46383-8434
Property profile & analytics
951 Transport Dr Valparaiso, IN 46383-8434
- Office Spaces
- 7,088 SF
- 1.04 lot acres
Property ID
US31-3521987
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.
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 951 Transport Dr
- Year built
- 2006
- Construction
- WOOD
- Lot size
- 1.04 lot acres
- Property size
- 7,088 SF
- Property type
- Office Spaces
- APN
- 64-10-29-203-003.000-029
- APU
- 641029203003000029
Description
This exceptional 7,088 square foot office building, constructed in 2006 by Chester Construction, presents a compelling investment opportunity in Valparaiso, Indiana. Located at 951 Transport Drive, this meticulously maintained property boasts a versatile layout suitable for a wide range of office needs, making it ideal for a corporate headquarters, a growing company's outpost, or even municipal use. The building's high-quality construction and modern design ensure a move-in ready condition, minimizing upfront investment costs. The property sits on a 1.04-acre lot and includes robust on-site parking and storage, adding significant value and convenience. Its heavy industrial zoning allows for maximum flexibility in its use, maximizing potential return on investment. Situated in a thriving commercial area with a mix of warehouses, office buildings, and retail outlets, this location benefits from excellent accessibility via well-maintained roads and public transportation. Transport Drive's strategic location within Valparaiso, known for its commitment to economic development, ensures strong visibility and easy access for employees and clients. This property represents a rare opportunity to acquire a high-quality, adaptable commercial asset in a prime Northwest Indiana location. The surrounding area's vibrant economic environment and well-developed infrastructure further enhance the property's appeal and long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,085,000
- 6.5%
- $1,000,000
- 7%
- $930,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,005,000
- AI Estimate
- $644,000
Market price range: $478k - $1.01MMarket price range: $203k - $645k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $720,000 Current use
- RETAIL STORES
- $735,000 Change: +2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Porter
- State
- Indiana
- Longitude
- -87.0156
- Latitude
- 41.4602
- 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
$18,975
$90,400
$654,200
$744,600
-
$90,400
$654,200
$744,600
