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INVESTMENT HIGHLIGHTS
- The industrial site at 30 St 49 Road has prominent frontage directly off Highway 49.
- Sewer and Water are located to the north and are being extended.
- The site has convenient access to US Highway 30, IN Toll Road, and Interstate 94.
- The site has mostly flat topography on the majority of the property.
- There are a few large parcels in Valparaiso zoned for Industrial use, presenting this to be a rare opportunity.
- Access to Parker Ditch could be useful for a drainage plan.
EXECUTIVE SUMMARY
The site as 30 St 49 Road is zoned INH (Light Industrial) and recently annexed to City of Valparaiso. Sewer and water is currently North of the property and in the process of being extended. The majority of the property is flat and easy to develop. There is significant frontage on Highway 49 just South of the fully-lighted intersection of Division Road and State Road 49.
The subject property is adjacent to NIPSCO building and a new Family Express convenience store is being constructed on southwest corner of the prominent intersection. The northwest corner is an Aldi Distribution Center and the northeast corner is the Porter County Fairgrounds and is adjacent to the Montdale Industrial Park which is home to the majority of the heavy industrial users.
Only 1.6 miles south of the intersection of US Highway 30 & Highway 49, the property offers quick and convenient access to the highway systems and continuing to the Indiana Toll Road and Interstate 94. This parcel represents an opportunity for Industrial development with frontage on a major highway and easy access. The property naturally drains to the south where Parker Ditch is located, which could potentially be used for drainage.
The subject property is adjacent to NIPSCO building and a new Family Express convenience store is being constructed on southwest corner of the prominent intersection. The northwest corner is an Aldi Distribution Center and the northeast corner is the Porter County Fairgrounds and is adjacent to the Montdale Industrial Park which is home to the majority of the heavy industrial users.
Only 1.6 miles south of the intersection of US Highway 30 & Highway 49, the property offers quick and convenient access to the highway systems and continuing to the Indiana Toll Road and Interstate 94. This parcel represents an opportunity for Industrial development with frontage on a major highway and easy access. The 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 (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| 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 (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $3,767,040 CAD | Property Subtype | Industrial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 57.00 AC |
| Property Type | Land | ||
| Zoning | INH - Light Industrial | ||
| Price | $3,767,040 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 57.00 AC |
| Zoning | INH - Light Industrial |
1 LOT AVAILABLE
Lot
| Price | $3,767,040 CAD | Lot Size | 57.00 AC |
| Price Per AC | $66,088.42 CAD |
| Price | $3,767,040 CAD |
| Price Per AC | $66,088.42 CAD |
| 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.
1 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $179,005 CAD (2024) | |
| Land Assessment | $179,005 CAD (2024) | Annual Taxes | -$1 CAD |
| Improvements Assessment | $0 CAD (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$179,005 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$179,005 CAD (2024)
Annual Taxes
-$1 CAD
Tax Year
2023 Payable 2024
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30 St 49 Rd
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