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$440,000 Just Listed
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Property Description
New to Market! At 1.075 ac+- this is a tremendous piece of development ground recently annexed into the City of Valparaiso is zoned Light Industrial (INL). Located just south of a new high volume Family Express, just south of ALDI Distribution Center and near the Porter County Fairgrounds at Division and Hwy 49, this lot provides perfect possibilities for expanding your holdings or operations. Easy access to major highways 49 & 30. Benefit from strong traffic exposure with a 2025 INDOT traffic count of 16,891 vehicles per day just north of Division Road. This would be a great QSR spot for a restaurant, retail, or office spot. Potential permitted uses include heavy retail, light indusry, agricultural services, warehouse, transportation and more. Other notable possibilities are office and commercial retail with limited use permit. Buyer to verify all potential uses with the City of Valparaiso. Sale of the property is subject to Buyer's successful lot approval with the city, and recording of the lot from surveyor's legal description. Be sure to act on this property today!
Full Property Details
Full Property Details for Lot 2 State Route 49
General
- Price: $440,000
- Taxes: $849 (2025)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 840679
- Updated: 6/16/2026
- Added to Site: 3 day(s) ago
Location
- County: Porter
- Township: Morgan
- Driving Directions: Hwy 49 and Division Rd, head south on 49 to property on the west side of 49. Just pass Family Express
Lot Features
- Lot Size (Acres): 1.075
- Lot Size (Sq. Ft.): 46,827
- Lot Features: Other
Financial Considerations
- Tax Amount: $849.62
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: Individual lot legal descriptions to be provided by Surveyor
- Property ID: Tbd
Listed by RE/MAX Lifestyles
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Price & Sales History for Lot 2 State Route 49
Date
Details
Price
Change
Source
6/15/2026
Listed
$440,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Lot 2 State Route 49
Lot 2 State Route 49, Valparaiso, IN 46383 (MLS# 840679) is a Lots/Land property with a lot size of 1.075 acres. Lot 2 State Route 49 is currently listed for $440,000 and was received on June 15, 2026. Want to learn more about Lot 2 State Route 49? Do you have questions about finding other Lots/Land real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

