3301 Calumet Ave - Pines Village Outlot 2 Acres of Commercial Land in Valparaiso, IN 46383

The subject property is on the SW corner of Calumet Ave & Bullseye Lake Rd which is a fully lighted intersection on the North end of Valparaiso. There is currently multiple acres of vacant land as the improvements for the prior use have been removed opening up an out lot opportunity on a prominent corner. Seller is open to selling up to 2 acres with an asking price of $15 per square foot for a mutually agreed upon location and use. Seller will restrict use for a gas station / convenience store and a preference for no drive thru fast food restaurants due to ongoing primary business operation on adjacent property. The North end of Valparaiso is experiencing redevelopment / growth along Calumet Ave which is the primary N / S street. Subject property is the only remaining vacant corner at a lighted intersection. Other users in close proximity include BMO Harris, Dunkin, Burger Haus, LiqGo, Ace Hardware, Pestos, Dairy Queen, Starbucks, Strack N Van Til to name a few. The intersection is well traveled and this parcel has not been offered or available historically. The parcel can be created to the size and shape desired, subject to Seller approval of the location and use as there are multiple vacant acres around it. The property will likely need to be rezoned as it is currently SR (Suburban Residential) and UR (Urban Residential).