792 Merganser LnValparaiso, IN 46385

For Sale
$125,000

1.56-acre income-producing vacant land.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 1.56-acre vacant land parcel at 792 Merganser Lane, Valparaiso, Indiana (46385), presents a unique investment opportunity. Priced at $125,000, this property offers an 8% capitalization rate. Its strategic location provides an exclusive water source for the Mallards Landing Subdivision, generating attractive monthly rental income. Importantly, there are no HOA dues associated with this property. While serving as the subdivision's essential water supply, the lot is restricted from residential development or construction

Property Details for 792 Merganser Ln

Property type
Other land, Land
Lot Size (sq. ft)
67,954 SF

Location Insight

City
Valparaiso
County
Porter
State
Indiana
Latitude
41.54927
Longitude
-87.099768
792 Merganser Ln, Valparaiso, Indiana

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792 Merganser Ln
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