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29834620

167 W Joliet Rd, Valparaiso, IN 46385

CB
MI 6502406329, MI 6502349758
Global Real Estate Advisors (GREA)
Listed by Global Real Estate Advisors (GREA)
Unpriced
104 days on market
Updated 104 days ago

Valparaiso Land Development Opportunity

Details
APN 64-09-22-326-001.000-004
Property Type Land, Multifamily
Sub Type Residential
Square Footage 871,200
Acreage 20.000

Land | 20 acres

Marketing description

NAI Hiffman and GREA are pleased to present the exclusive offering of approximately (±)20 total acres of vacant land located along W. Joliet Rd. in Valparaiso, Indiana. The site is ideally positioned in the highly desirable section of Southeast Valparaiso Indiana, offering builders the opportunity to add residential homes in one of the most sought-after and fastest-growing communities in Northwest Indiana.

Located in Porter County, just a little over 50 miles southeast of Chicago and only 17 mi from the beaches of Lake Michigan, Valparaiso, also known as “Valpo”, is home to one of Northwest Indiana’s fastest-growing communities, with a total population of 35,065 according to the U.S. Census Bureau 2024. The city is easily accessible via US highway 30, IN-49, along with I-94 and I-65, which offers an easy direct route into Chicago and the broader Northwest IN region. Popular attractions include Porter County Expo Center, Central Park Plaza, and the Memorial Opera House. Lake Michigan is only 17 mi from Valparaiso, allowing easy access to the beaches along with Indiana Dunes National Park. Access to I-65 and State Route 49 via US-30 (Lincoln Hwy.) are under a 20-minute drive from the site. Downtown Valparaiso, a vibrant business district with shopping, dining and entertainment choices, along with Valparaiso University and Central Park Plaza is under a 2-mile drive from the site.

The surrounding neighborhoods Aberdeen and Shorewood Forest demonstrate the area’s strong residential appeal, with steadily rising home values, sustained demand and good sales velocity of completed homes.

For more information, visit our listing page on GREA.com

https://grea.com/properties/#/valparaiso-in-land

Investment highlights

  • Currently approved with paved road access from W. Joliet Rd. with existing sanitary sewage and water main

  • Ideally located less than 1.3 miles from US Highway 30 (Lincoln Highway) providing easy access to I-65 and State Road-49

  • YoY increases and income outpacing nearby cities such as Indianapolis, Fort Wayne and Evansville

Listing Contacts

CB
MI 6502406329, MI 6502349758
Global Real Estate Advisors (GREA)
Listed by Global Real Estate Advisors (GREA)

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