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242 N 600 W - Stop Light Corner US RT 30 / Lincoln Hwy 10.71 Acres of Commercial Land Offered at $375,000 in Valparaiso, IN 46385

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INVESTMENT HIGHLIGHTS

  • Stop Light Corner on Highway
  • Potential for Commercial and Residential Use
  • Traffic counts 29,000 per day+

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Taxes $9,907 $925.00
Operating Expenses $289 $27.00

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Taxes
Annual $9,907
Annual Per AC $925.00
Operating Expenses
Annual $289
Annual Per AC $27.00
Total Expenses
Annual $10,196
Annual Per AC $952.00

PROPERTY FACTS

Price $375,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • General Freestanding
  • Storefront
Total Lot Size 10.71 AC
Zoning RR - Rural Residential

1 LOT AVAILABLE

Lot

Price $375,000
Price Per AC $35,014.01
Lot Size 10.71 AC

10.71 Acres on the SW Corner of Lincoln Hwy & 600 W Wooded - Rolling Land w Water Feature

DESCRIPTION

Stop Light Corner / SW Corner of US RT 30 - Lincoln Highway and 600 W. in Porter County with 10.7 Acre for New Development. Currently Zoned RR, Rural Residential w 663’ Frontage on RT 30 by 704’ deep on 600 W. Traffic Counts 29,000+ City Water is available by Indiana American Water. Property is wooded and has a water feature which makes it ideal for a combination use for Commercial Business and New Residential. Priced to Sell don’t miss out on this one! List agent will assist with Rezone if required for Buyer’s Use. Ken Peach 708-764-2890 Ken.peach@aol.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64-08-23-426-004.000-019
Land Assessment
$118,200
Improvements Assessment
$0
Total Assessment
$118,200
Annual Taxes
$9,907
Tax Year
2024 Payable 2025
  • Listing ID: 36187223

  • Date on Market: 6/10/2025

  • Last Updated:

  • Address: 242 N 600 W, Valparaiso, IN 46385

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