219-384-6721
468 N Memorial Drive, Valparaiso, IN for Sale
Commercial LAND - FOR SALE
1/3
2,610,647 SF

468 N Memorial Drive
Valparaiso, IN 46383


HIGHLIGHTS

  • 6.8 acre parcel that may be divided
  • Frontage along the new Memorial Drive extension
  • Overlooks the City Athletic sports complex and Park
  • Great access to 3 primary entries to the City and 2 access points to Hwy 49
  • Area expects significant growth with City $30,000,000 investment on 248 adjacent acres
  • Owner has 2 other parcels totaling in excess of 80 acres to meet your needs

OVERVIEW

Property is zoned Campus and ready for development depending on location and size. Ability to create your own sized parcel. Current zoning is Campus with Master plan under review due to pending City Park department project estimated at $30,000,000 for state of the art athletic sports facility and park on 248 acres adjacent. Hwy 49 & Burlington Beach is a fully lighted intersection and in the path of the next growth spurt. Medical facility is immediately West and same owner has additional 31.48 acres available and 42.18 further South in the same corridor that is available under separate listings. Memorial Drive is being extended along the entire East property line to create direct access to Vale Park Road,the entry to Lakes of Valparaiso eliminating the need to go back to Hwy 49. The South end has frontage along Hwy 49 & Vale Park Rd. A roundabout on Vale Park Rd allows another access point to Hwy 49 and you can continue South to Evans Avenue for a 3rd connecting East / West street to the City of Valparaiso. This corridor is poised to be the center of development for the next several years as the City project will change the scope of the Hwy 49 corridor and benefit all of NW IN. Subject to approval we have the ability to create the size parcel needed. There is proposed medical expansion at the existing medical facility and with the completion of the remaining infrastructure and Memorial Extension this property will be an actively growing development. For more information on the City Park project the following link has an article from October 2022: https://www.nwitimes.com/news/local/porter/valparaiso/valparaiso-unveils-plans-for-30-million-sports-and-recreation-campus/article_04579664-b50e-561b-899f-f52e39cb6b11.html Please see 2 separate listings for the 31.48 acre site and the 42.18 acre site for a total of up to 80+ acres

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Patko Parcel

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Office, Health Care, Medical

LAND ACRES

59.93 AC

LAND SF

2,610,648 SF

OFFSITE IMPROVEMENTS

-

ZONING

Campus

APN/PARCEL ID

64-10-08-200-006.000-029

ASK ABOUT THIS PROPERTY

Tim BrustWille, Stiener, & Brust, Inc.More Info
219-384-6721

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Tim BrustWille, Stiener, & Brust, Inc.More Info
219-384-6721

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.