Valparaiso Executive Park Land
Vacant Land
for Sale
| Catylist Listing ID: |
30820961 |
| Property Subtypes: |
Office, General
|
| Gross Land Area: |
3.47 Acres
|
| Sale Price: |
$750,000 |
| Unit Price: |
$216,138 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/25/2023 |
Overview / Comments
|
Property offered consist of first 2 of the 6 commercial lots in Executive Park PUD with high visibility on State Road 49 at 500 North. Over 34,000 vehicles per day flow on Rt 49. Excellent locations for professional office space including medical, dental, insurance, financial services, governmental offices. The PUD is established and consist higher end residential properties. Access is from Executive drive onto 500 North (Burlington)
|
Financials
| Finance Data Year |
2013 |
| Assessed Value - Total($) |
$4,000 (Annual) |
| Real Estate Taxes - Annual($) |
$114.16 (Annual) |
| Finance Data Year |
2011 |
| Assessed Value - Total($) |
$3,400 (Annual) |
| Real Estate Taxes - Annual($) |
$68 (Annual) |
| Finance Data Year |
2010 |
| Assessed Value - Total($) |
$2,900 (Annual) |
| Real Estate Taxes - Annual($) |
$58 (Annual) |
| Finance Data Year |
2009 |
| Assessed Value - Total($) |
$2,800 (Annual) |
| Real Estate Taxes - Annual($) |
$56 (Annual) |
Additional Details
| Nearest MSA: |
Chicago-Joliet-Naperville |
| County: |
Porter |
| Taxing Authority: |
City of Valparaiso |
| Tax ID/APN: |
64-10-08-101-028.000-029, 64-10-08-101-029.000-029 |
| Zoning: |
COMMERCIAL OFFICE |
| Property Located Between: |
Northeast corner of Valparaiso |
| Property Visibility: |
Excellent |
| Legal Description: |
EXECUTIVE PARK PUD LOT 31 2.26A & EXECUTIVE PARK PUD LOT 32 1.21A |
| Largest Nearby Street: |
State Road 49 |
| Feet of Frontage: |
423 |
| Traffic/Vehicle Count: |
34,000 |
| Highway Access: |
Corner of 500 North and State Road 49 |
| Airports: |
Porter County Airport |
| Site Description: |
Relatively flat with roadway and curbs along Executive Drive |
| Area Description: |
Northeast corner of Valparaiso, Porter County |
| Zoning Description: |
Commercial - Professional Office Space |
| Part of Planned Development?: |
Yes |
| Development Name: |
Executive Park |
| Topography: |
Level |
| Easements: |
Utilities |
| Easements Description: |
Along Executive Drive |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,697 |
34,805 |
61,293 |
| Median Age: |
34.75 |
37.02 |
37.96 |
| Households: |
2,127 |
13,794 |
23,494 |
|
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Neither Indiana Commercial Board of REALTORS® nor
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