231 W 500 N

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231 W 500 N

Valparaiso, IN 46385
Asking Price
$690K
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The parcel consists of 5.5 acres of farm land.
  • The property is positioned at 231 W 500 N in Valparaiso.
  • This land is currently available for purchase at $689,900.
  • Valparaiso is a key market located within Indiana's Porter County.
  • The site supports agricultural operations or various potential land-use projects.

What's Special

This farm land spans 5.5 acres at 231 W 500 N in Valparaiso, Indiana. Located in a region characterized by its strong agricultural roots and growing suburban appeal, the property presents a functional space for various land-use initiatives. Valparaiso serves as a significant hub within Porter County, providing access to essential regional infrastructure while maintaining a landscape suitable for agricultural development or long-term investment strategies. The parcel offers straightforward topography conducive to cultivation or specialized projects that require acreage within the local market. Given its size and positioning, this tract of land accommodates diverse operational requirements for investors seeking to establish a foothold in this sector of the state. Its proximity to established transportation corridors supports efficient logistics for regional activities.

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NOI
$80,000
Cap Rate
11.60%
DSCR
1.95
Strong
Cash-on-Cash
18.86%
Monthly Payment
$3,413.249
Annual Cash Flow
$39,041.015

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