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Investment Highlights

  • Shovel ready with flexible development potential.
  • Manageable parcel size supports efficient site planning.
  • Opportunity for owner-users, investors, or developers.
  • Heavy Industrial Zoning--scarce within the market.
  • Suitable for a variety of industrial and commercial uses.

Executive Summary

Opportunity to acquire a shovel-ready 1.04-acre (45,302 SF) industrial parcel located at 961 Transport Drive within the established Eastport Centre Business Park in Valparaiso, Indiana. The property features 130 linear feet of direct frontage along Transport Drive and is fully prepped for immediate development with active utility tie-ins already established on-site. Zoned for industrial use, the site accommodates a wide range of applications including warehousing, e-commerce distribution facilities, flex-space, light manufacturing, and corporate contractor yards.
INFRASTRUCTURE & SITE SPECIFICATIONS
Acreage: 1.04 Gross Acres (45,302 Square Feet).Frontage: 130 linear feet of direct frontage along Transport Drive, providing excellent visibility and flexible configurations for commercial ingress/egress.
Topography: Flat, cleared, and graded topography, minimizing upfront site-prep, excavation, and dirt-work costs.
Utilities: Immediate, cost-effective development timeline via active, on-site utility tie-ins. All municipal services are available at the lot line, including municipal water, sanitary sewer, natural gas, and heavy three-phase electric infrastructure.
LOGISTICS & HIGHWAY CONNECTIVITY
The parcel offers highly efficient regional transit logistics, positioned to serve both local Northwest Indiana operations and the broader Chicago metropolitan freight corridors:
State Road 49: Located less than 1.5 miles west, providing direct north-south transit.U.S.
Route 30: Situated approximately 2 miles south, serving as the primary east-west commercial artery through Valparaiso.
Interstate 94 (I-94): Accessible roughly 10 miles north via State Road 49, linking the site directly to Michigan, Chicago, and major logistics hubs.
Indiana Toll Road (I-90): Positioned 13 miles north, offering seamless tollway freight transit across the Midwest.
Chicago Metropolitan Access: Located approximately 55 miles southeast of Downtown Chicago, allowing operators to service the third-largest metropolitan area in the United States while benefiting from Indiana’s highly competitive business tax climate.
VALPARAISO ECONOMIC INDICATORS
Valparaiso (Porter County) continues to demonstrate robust economic fundamentals, making it a preferred submarket for industrial owner-users and institutional developers:
Pro-Business Local Government: Valparaiso utilizes streamlined, predictable zoning and permitting processes through the City of Valparaiso Planning Department, drastically reducing lead times between land acquisition and groundbreaking.
Strong Labor Pool: The immediate area provides access to a highly skilled, diverse manufacturing and logistics workforce, reinforced by proximity to regional higher education assets including Valparaiso University and Ivy Tech Community College.
Tax Advantages: Operating out of Porter County offers significant structural corporate tax savings compared to neighboring Cook County (Chicago) or Will County (Illinois), including lower worker's compensation rates, favorable property tax caps, and a flat state corporate income tax structure.
INDUSTRIAL DEMAND & SUBMARKET FUNDAMENTALS
Historically Low Vacancy: The Eastport Centre Business Park and the broader Northwest Indiana industrial submarket maintain sub-4% vacancy rates for modern flex and industrial space.
High Barriers to Entry: Cleared, small-acreage industrial plots equipped with active on-site utilities are increasingly scarce in Porter County, creating sustained upward pressure on lease rates and land values.
Flex Space Deficit: Local market data indicates a severe shortage of 5,000 to 15,000 square foot industrial/flex buildings. This 1.04-acre footprint is perfectly scaled for a developer to construct a multi-tenant flex building or an owner-user to build a custom corporate headquarters with private yard space.

Property Facts

Price $250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Office
  • Auto Repair
  • Contractor Storage Yard
  • Daycare Center
  • Distribution
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Medical
  • Rehabilitation Center
  • Retail Warehouse
  • Self Storage
  • Veterinarian or Kennel
Total Lot Size 1.04 AC
Zoning INH - (Heavy Industrial Permits warehousing, distribution, manufacturing & outdoor storage Meets all 1.04 AC / 130' frontage site minimums

1 Lot Available

Lot

Price $250,000
Price Per AC $240,384.62
Lot Size 1.04 AC

1.04-acre industrial-zoned land parcel in Valparaiso, IN. Flexible zoning supports a variety of industrial and commercial uses. Located on Transport Drive within an established business corridor and offered for sale at $250,000.

Description

Positioned within Valparaiso's established industrial and business environment, the property offers a location that can support operational, distribution, manufacturing, contractor, storage, or service-oriented uses. Its location along Transport Drive places it among existing commercial and industrial activity, creating potential advantages for businesses seeking access to regional transportation networks and workforce resources throughout Northwest Indiana. The parcel's manageable size allows for efficient site planning while still providing room for development, expansion, outdoor storage, parking, or operational improvements depending on the intended use. Investors, owner-users, and developers may find value in the property's zoning flexibility and development potential.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
64-10-29-252-001.000-029
Land Assessment
$98,300
Improvements Assessment
$0
Total Assessment
$98,300
  • Listing ID: 41391106

  • Date on Market: 7/22/2026

  • Last Updated:

  • Address: 961 Transport Dr, Valparaiso, IN 46383

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