Division Road/S.R. 49

Vacant Land for Sale
Catylist Listing ID: 30836832
Property Subtypes: Agricultural, Industrial, Office, Retail, Retail-Pad
Gross Land Area: 21.69 Acres
Sale Price: $2,500,000
Unit Price: $115,260 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2023

Overview / Comments

First time on the market! The subject property is 21.68 (+/-) gross acres of undeveloped vacant land. 19.79 +/- acres net of right of ways existing and or proposed. The property offers nearly 1,324 feet of frontage on East Division Road and 737’ on S.R. 49. This is in unincorporated Porter County however; this property can be annexed into the City of Valparaiso. This property has currently been farmed. This property suitable for commercial and light industrial uses. 2022 INDOT traffic counts 23,428 cars/day.
10” sanitary sewer line runs along the north side of Division. 20” diameter water main along the north side of Division. There is also an 8” water main that bisects this parcel to feed into NIPSCO’s site to the south. See attached Indiana Business brochure on all the great reasons why you should bring your business to Indiana!
Located at the southwest stoplight corner of East Division Road and State Road 49 in unincorporated Porter County. Eastside of the City of Valparaiso. The lot is across from the Porter County Fairgrounds which is a fully lighted intersection. Southeast side of the Aldi Distribution Center and near Indiana Beverage Company, Pratt Industries and more. The subject property is on the West side of SR 49/East Division Road. Near the Porter County Sheriff’s office. 1.3 miles east of Route 30 which has numerous restaurants, retail stores, banks, Walmart, and numerous others. 2.5 miles south of Route 2, 9 miles southeast of the I-80/90 Indiana Toll Road and 14 miles southeast of I-94.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Porter
Tax ID/APN: 641306226001000008
Zoning: I-2
Largest Nearby Street: S.R. 49
Traffic/Vehicle Count: 23,428

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,278 23,490 49,478
Median Age: 46.46 34.34 37.52
Households: 479 8,751 18,949


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