2410 Laporte AveValparaiso, IN 46383

Property Details for 2410 Laporte Ave

Year built

2002

Construction

TYPE NOT SPECIFIED

Lot size

4.93 AC

Property size (Sq ft)

34,572 SF

Property type

Retail properties

Property subtype

Strip malls

APN

64-10-19-429-002.000-004

APU

641019429002000004

Description

This exceptional Class A retail space, located within the bustling Valparaiso Market Place power center, offers 1,680 square feet of prime retail area. Situated in a high-traffic location in Valparaiso, Indiana, this inline space enjoys excellent visibility and accessibility. The property is part of a thriving retail center anchored by Target and complemented by a diverse mix of national tenants including Home Depot, Maurices, Bath and Body Works, Pet Supplies Plus, Hair Cuttery, and many more. The entire center boasts a total of 39,556 square feet spread across 13 suites, offering a vibrant and successful retail environment. With ample parking (500 spaces) available for customers and employees, this location ensures convenient access for shoppers. The property is zoned for commercial retail use and features a single story building. The minimum divisible space is 1,680 square feet, and the maximum contiguous space available is also 1,680 square feet. This presents a unique opportunity for a retailer seeking a well-positioned space within a highly successful shopping center. The property's location on Silhavey Rd ensures high visibility and easy access for customers. This is an ideal opportunity to establish or expand your business in a thriving retail environment.

• CAP approach

  CAP return

  Valuation

  6%

  $16,332,370

  6.5%

  $15,076,033

  7%

  $13,999,174

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,347,568

  Geo Method

  $11,347,568

• Alternative Use

  Use

  Valuation

  Residential

  $12,717,198

  Hospitality

  $11,648,885

  Educational

  $9,691,736

  Medical

  $10,025,049

  Retail

  $15,076,033

Location Insight

City

Valparaiso

County

Porter

State

Indiana

Latitude

41.4676

Longitude

-87.0302

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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