Hwy 49 - Patko South Property

Property is completing annexation and zoned Campus and soon ready for development depending on location and size. Ability to create your own sized parcel. Current zoning is Campus with Master plan under review due to pending City Park department project estimated at $30,000,000 for state of the art athletic sports facility and park on 248 acres adjacent. This property has frontage along Hwy 49, Vale Park Rd where the entrance ramp to Hwy 49 is located and Memorial Drive which is being extended in 2023 by the City. Medical facility is immediately North and same owner has additional 6.8 acres available and 31.48 acres further North fronting Burlington Beach Rd in the same corridor that is available under separate listings. Memorial Drive is being extended along the entire East property line to create direct access to Vale Park Road the entry to Lakes of Valparaiso eliminating the need to go back to Hwy 49. The North end has frontage along Hwy 49 & Burlington Beach Rd. A roundabout on Vale Park Rd allows another access point to Hwy 49 and you can continue South to Evans Avenue for a 3rd connecting street to the City Valparaiso. This corridor is poised to be the center of development for the next several years as the City project will change the scope of the Hwy 49 corridor and benefit all of NW IN. Subject to approval we have the ability to create the size parcel needed. There is proposed medical expansion at the existing medical facility and with the completion of the remaining infrastructure and Memorial Extension this property will be an actively growing development. For more information on the City Park project the following link has an article from October 2022:
https://www.nwitimes.com/news/local/porter/valparaiso/valparaiso-unveils-plans-for-30-million-sports-and-recreation-campus/article_04579664-b50e-561b-899f-f52e39cb6b11.html
Please see 2 separate listings for the 6.8 acre site and the 31.48 acre site for a total of up to 80+ acres