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33222037
33222038

808 Vale Park Road, Valparaiso, IN 46383 For Sale

Seramur Properties
Listed by Seramur Properties
$2,000,000
47 days on market
Updated 47 days ago

808 Vale Park Road

Details
APN 640913226001000004
Property Type Business for Sale, Office
Sub Type Business Only, Executive Office
NOI $99,576
Year Built 1983
Acreage 1.830

Business for Sale

Marketing description

This subject property is a 13,000 square-foot, two-story building located in Valparaiso's bustling North corridor. Fifth Third occupies 4,093 square feet and features drive thru lanes. Fifth Third also occupies an additional 2,485 square feet in the basement. A Hospice Center occupies 4,536 square feet on the second floor. The subject property sits on nearly 2-acres and is located near the intersection of Vale Park and Calumet Avenue. Currently this area of Valparaiso is under extensive redevelopment. A brand new state-of-the-art medical center neighbors the property. The opportunity for future development is endless.
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Seramur Properties
Listed by Seramur Properties

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$99,576.00
$8,298.00/mo

Valuation Metrics

0
DSCR
4.98%
Cap Rate
4.98%
ROI

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