2510 Cumberland DrValparaiso, IN 46383

  • Commercial real estate
  • 1.99 AC
For Sale
$475,200 View listing

Property Details for 2510 Cumberland Dr

Year built
1996
Lot size
1.99 AC
Property type
Commercial real estate
APN
64-09-13-230-005.000-004
APU
640913230005000004

Description

This exceptional 1.99-acre commercial lot, identified as Lot 4 of Viking Place, presents a remarkable investment opportunity in Valparaiso, Indiana. Strategically located at the vibrant five-points roundabout intersection of Calumet, Vale Park, and Roosevelt Roads, this property enjoys high visibility and accessibility. The site is part of an 11+-acre development featuring six available lots, all benefiting from existing entry signage and curbs, streamlining the development process. Zoned for General Commercial use, the possibilities are extensive, encompassing retail, restaurants, banking, medical facilities, general commerce, service industries, and grocery stores. The area boasts a thriving commercial environment, with nearby establishments including Starbucks, Family Express, 1st Source Bank, a multi-million dollar YMCA campus, Strack & Van Til Grocery, Burger King, and 5/3 Bank, among other regional and national retailers. This property offers a significant advantage with its large existing parking lot situated on Cumberland Drive. The sale is contingent upon final subdivision and plat approval by the City of Valparaiso and the final recording of the Declaration of Covenants and Restrictions. This prime location and versatile zoning make this an exceptional opportunity for a wide range of commercial ventures. The asking price is $475,200. Contact us to schedule a viewing.

2510 Cumberland Dr, Valparaiso, Indiana

Location Insight

City
Valparaiso
County
Porter
State
Indiana
Latitude
41.4917
Longitude
-87.0504
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,648
$141,600
$37,100
$178,700
-
$141,600
$37,100
$178,700

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