4501-4503 Airport Drive

Valparaiso, IN
$ 1,950,000 Beds 0 Baths 0 Sq 19,812
Monthly Estimate* How much can I afford?

7.6 Percent CAP RATE.  Excellent investment. BRAND NEW BUILDING already 100% OCCUPIED Flex space off U.S. Highway 30 and next to the Porter County Regional Airport. Approximately 20,000 square feet, consisting of 11 tenants with the majority leased through 2023 and 2024. All leases are NNN. Current annual revenue is $149,000. Large parking lot that can accommodate large truck deliveries. This building is clean and well constructed, A MUST SEE. 

Commercial

  • Price
  • $ 1,950,000
  • Lot Size
  • 1.62 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 19,812
  • Full Bathrooms
  • 0
  • Year Built
  • 2018
  • Half Bathrooms
  • 0
  • City, Zip
  • Valparaiso
  • County
  • PORTER
  • Style
  • Retail
  • Area
  • MLS#
  • 470145
  • Zip
  • 46383
Listing Provided by: Nicholas Sommer with Century 21 Alliance Group

Features

General

Exterior Features Alum/Vinyl Wndw Trim, Block, Brick, Concrete, Steel Siding
Property SubType Retail
Property Type Commercial
Subdivision Name Airport-Business & Industrial Park
Transaction Type Sale
Year Built 2018
Zoning Description INDUS

Interior Features

Living Area 19812.00

Exterior Features

Lot Size Square Feet 70567.00
Parking Spaces 60

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Crown Point, IN office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/19/2020 Listed $1,950,000

Property vs Zip Code Average in 46383

Price
AVG $390K
$1.95M
Visits
AVG 21
18
Year Built
AVG 1978
2018
Walkscore
AVG 46
13
Data Provided by Walkscore ® not using MLS data

Map

4501-4503 Airport Drive Valparaiso, IN is a Single Family Home for sale at $1950000 with 19812 sqft and a lot size of 1.62 Acres Acre(s). 4501-4503 Airport Drive Valparaiso has 0 bedrooms, 0 baths and was built in 2018. The property's zip code is 46383 which is in Valparaiso, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.