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Listing provided courtesy of RE/MAX LifestylesNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840679MLS Provider

Lot 2 State Route 49Valparaiso, IN 46383

Vacant Land · 1.08 Acres
$440,000 Active

Lot 2 State Route 49 Overview

Time on Site:
15 days
Visits:
0

New to Market! At 1.075 ac+- this is a tremendous piece of development ground recently annexed into the City of Valparaiso is zoned Light Industrial (INL). Located just south of a new high volume Family Express, just south of ALDI Distribution Center and near the Porter County Fairgrounds at Division and Hwy 49, this lot provides perfect possibilities for expanding your holdings or operations. Easy access to major highways 49 & 30. Benefit from strong traffic exposure with a 2025 INDOT traffic count of 16,891 vehicles per day just north of Division Road. This would be a great QSR spot for a restaurant, retail, or office spot. Potential permitted uses include heavy retail, light indusry, agricultural services, warehouse, transportation and more. Other notable possibilities are office and commercial retail with limited use permit. Buyer to verify all potential uses with the City of Valparaiso. Sale of the property is subject to Buyer's successful lot approval with the city, and recording of the lot from surveyor's legal description. Be sure to act on this property today!

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Lot 2 State Route 49 Facts & Features

  • Type Vacant Land
  • Lot 1.08 Acres

Details

General

Association/HOA

  • Association: false

Location/Region

  • County Or Parish: Porter
  • Township: Morgan

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 849.62
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: Tbd
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Special Listing Conditions: Agent Owned,None

Interior

General Information

  • Electric: Other

Exterior

Lot Information

  • Lot Features: Other
  • Lot Size Acres: 1.075
  • Lot Size Source: Plans
  • Lot Size Square Feet: 46827
  • Number Of Lots: 1
  • Water Source: None,Public

Waterfront/View

  • View: Rural
  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Water Available,Sewer Available,Natural Gas Available

Lot 2 State Route 49 Neighborhood

Community

46383 (VALPARAISO) Demographics

37
Median Age
472
Population Density (per sq. mile)
47%
College Educated
$63,220
Estimated Median Income
10,028
Estimated Total Home Owners
6,383
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 2 State Route 49 Monthly Cost

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$ %
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$
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 2 State Route 49 Market Data

Based on the last 30 days in this zip code

$431,396
Average List Price
$107
Average Price per Square Foot
50
Properties Sold
73
Average Days on Market
159
Properties for Sale
Calculations provided by Reliance Network

Lot 2 State Route 49 History

Date Event Value Agent
6/14/2026Source: Northwest Indiana MLS Added to Database
June 14, 2026