30 St 49 rd - Maxwell Realty LLC
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30 St 49 rd - Maxwell Realty LLC
57 Acres of Industrial Land Offered at $2,700,000 in Valparaiso, IN 46383
Investment Highlights
- Frontage on Hwy 49
- Sewer and Water located to the North and being extended
- Convenient access to US Hwy 30, IN Toll Rd & I-94
- Mostly flat topography on majority of property
- Few large parcels in Valparaiso zoned for Industrial use
- Access to Parker Ditch could be useful for drainage plan
Executive Summary
Property is zoned INH (Light Industrial) and recently annexed to City of Valparaiso. Sewer & water currently North of the property and in the process of being extended. Majority of the property is flat and easy to develop. Significant frontage on Hwy 49 just South of fully lighted intersection of Division Rd & St Rd 49. Subject property is adjacent to NIPSCO building, a new Family Express Convenience Store is being constructed on SW corner of Intersection. NW corner is Aldi Distribution Center and NE corner is Porter County Fairgrounds and adjacent to Montdale Industrial Park which is home to the majority of the Heavy Industrial users. Only 1.6 miles South of the intersection of US Hwy 30 & Hwy 49 the property offers quick and convenient access to Hwy 30 with Hwy 49 continuing to the Indiana Toll Rd and I-94. This parcel represents an opportunity for Industrial development with frontage on a major Hwy and easy access. Property naturally drains to the South where Parker Ditch is located which could potentially be used for drainage.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot
| Price | $2,700,000 | Lot Size | 57.00 AC |
| Price Per AC | $47,368 |
| Price | $2,700,000 |
| Price Per AC | $47,368 |
| Lot Size | 57.00 AC |
3 parcels of land totaling 57 acres (+/-) with majority in farm production and flat. 1,050' (+/-) frontage on Hwy 49 S of Division, adjacent to NIPSCO. Additional frontage is S of the residence (not included). Property recently annexed to Valparaiso
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $105,700 | |
| Land Assessment | $105,700 | Annual Taxes | ($1) |
| Improvements Assessment | $0 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$105,700
Improvements Assessment
$0
Total Assessment
$105,700
Annual Taxes
($1)
Tax Year
2023 Payable 2024
zoning
| Zoning Code | INH (Light Industrial) |
| INH (Light Industrial) |
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Tim Brust -
Wille, Stiener, & Brust, Inc.
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30 St 49 rd - Maxwell Realty LLC
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