State Route 49 lot: 1 New to Market! At 1.075 ac+- this is a tremendous piece of development ground recently annexed into the City of Valparaiso is zoned Light Industrial (INL). Located just south of a new high volume Family Express, just south of ALDI Distribution Center and near the Porter County Fairgrounds at Division and Hwy 49, this lot provides perfect possibilities for expanding your holdings or operations. Easy access to major highways 49 & 30. Benefit from strong traffic exposure with a 2025 INDOT traffic count of 16, 891 vehicles per day just north of Division Road. This would be a great QSR spot for a restaurant, retail, or office spot. Potential permitted uses include heavy retail, light indusry, agricultural services, warehouse, transportation and more. Other notable possibilities are office and commercial retail with limited use permit. Buyer to verify all potential uses with the City of Valparaiso. Sale of the property is subject to Buyer's successful lot approval with the city, and recording of the lot from surveyor's legal description. Be sure to act on this property today!