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    229 Factory St La Porte, IN 46350

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    For Sale
    $9,539,000

    Clean manufacturing building with high ceilings and ample parking.

    Property size:
    260,480 SF
    Lot size:
    7.11 Acres

    Property Features for 229 Factory St

    General Information

    Size
    260,480 SF
    Lot size
    7.11 Acres

    Source: NAI Cressy Commercial Real Estate - Corporate Agent Roy Roelke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Kept Manufacturing Building For Sale

    This well-maintained manufacturing building features 248,726 square feet of heated manufacturing space and 11,754 square feet of air-conditioned and heated office space. The property includes eight truck trailer loading dock doors and four at-grade loading dock doors. A new roof overlay was installed on 45% of the building in 2024. The exterior of the building has been recently repainted. The building is sprinkled, but it is not an EFSR Sprinkler System. The property benefits from its location within an Urban Enterprise Zone, an Opportunity Zone, and a TIF District. The site includes over two and a half acres for employee and tractor-trailer parking located across the street. A rail line borders the western edge of the property. Significant portions of the manufacturing space feature high ceilings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PP Industries, LLC ... Air Filter Supplier Protect Plus Industries Air Filter Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Porte
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.7054056
    Latitude
    41.621648

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    FAQs

    What type of property is this?
    Manufacturing property - Clean manufacturing building with high ceilings and ample parking.
    Where is this manufacturing property located?
    The property is located at 229 Factory St La Porte, IN.
    What is the asking price?
    The asking price for this property is $9,539,000.
    What are key features of this property?
    This property features: - 248,726 SF of HEATED MANUFACTURING SPACE; - 11,754 SF of air conditioned and heated office space; - Eight truck trailer loading dock doors and four at grade loading dock doors
    (574) 485-1537
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    229 Factory St La Porte, IN 46350
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