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167 Joliet Rd - Valparaiso Land Development Opportunity 20 Acres of Residential Land in Valparaiso, IN 46385

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Investment Highlights

  • Currently approved with paved road access from W. Joliet Rd. with existing sanitary sewage and water main
  • YoY increases and income outpacing nearby cities such as Indianapolis, Fort Wayne and Evansville
  • Ideally located less than 1.3 miles from US Highway 30 (Lincoln Highway) providing easy access to I-65 and State Road-49

Executive Summary

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.

Property Facts

Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Master Planned Community
  • Single Family Development
Total Lot Size 20.00 AC

1 Lot Available

Lot

Lot Size 20.00 AC
  • Listing ID: 39494396

  • Date on Market: 2/19/2026

  • Last Updated:

  • Address: 167 Joliet Rd, Valparaiso, IN 46385

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