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)


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
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

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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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