Division Road/S.R. 49
Vacant Land
for Sale
| Catylist Listing ID: |
30836832 |
| Property Subtypes: |
Agricultural, Industrial, Office, Retail, Retail-Pad
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| Gross Land Area: |
21.69 Acres
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| Sale Price: |
$2,500,000 |
| Unit Price: |
$115,260 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/15/2023 |
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.
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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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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