Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Single Tenant Office Space Title is generated by Realmo AI

    245 W Johnson Rd, La Porte, IN 46350

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available for single tenant occupancy.

    Type:Office
    Property size:
    3,400 SF
    Added:
    Mar 23, 2026
    Days on Market:
    51
    Last Refresh:
    Mar 25 at 8:12 am

    Property Features for 245 W Johnson Rd

    General Information

    Standard status
    Active
    Size
    3,400 SF
    Property subtype
    Office

    Building Details

    Year Built
    1996

    Spaces For Lease

    at 245 W Johnson Rd Contact us

    $1.13 /Mo

    Size
    3,400 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Joseph Tenuta

    Listing agent Joseph Tenuta License #RB14041752

    Listing office Coldwell Banker Commercial 1st Choice

    Listing date Mar 23, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial 1st Choice

    HighLights

    • Single tenant office building
    • 3,400 SqFt office space
    • Built in 1996
    • Office property

    Overview

    This commercial real estate offers office space suitable for a single tenant. The property provides 3,400 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hoback Counseling Life Coach Dr. Melissa Cain Pediatrician Northwest Indiana real ... Real Estate Agency Liliana Ake, Realtor® ... Real Estate Agency Ruoff Mortgage - LaPorte Loan Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    La Porte
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.7481905
    Latitude
    41.6398679

    Nearby Similar for Lease

    • $1,500/Mo

      La Porte Retail/Office Space

      Versatile 1,000 SF retail or office space for lease.
      212 Pine Lake Avenue, La Porte, IN 46350
      View Details
    • $3,000/Mo

      Updated Office Suite For Lease

      Executive office suite with ample parking and high visibility.
      245 W Johnson Road, La Porte, IN 46350
      View Details
    • $2,300/Mo

      La Porte Commercial Space Available

      Spacious 1808 SF unit in high-visibility La Porte plaza.
      424 Perry Street, La Porte, IN 46350
      View Details
    • $950/Mo

      Prime Retail Space Available

      High-visibility retail space with customization options in a thriving community.
      607 Jefferson Avenue, La Porte, IN 46350
      View Details
    • $2,150/Mo

      La Porte Commercial Space Available

      1728 SF commercial space in Lakeside Plaza, La Porte.
      416 Perry Street, La Porte, IN 46350
      View Details
    • $1,400/Mo

      Remodeled Office in Historic District

      Turnkey office space in revitalizing downtown La Porte, Indiana.
      1101 Indiana Avenue unit: 1, La Porte, IN 46350
      View Details
    • $500/Mo

      La Porte Commercial Space Rental

      Upper-level commercial space in downtown La Porte available for rent.
      607 Jefferson Avenue unit: Upper, La Porte, IN 46350
      View Details
    • $2,785/Mo

      La Porte Office Space Available

      Professional office space in a park-like setting near downtown.
      3340 Monroe Street, La Porte, IN 46350
      View Details
    • $900/Mo

      La Porte Office Space Available

      Multiuse office space for lease with Pine Lake visibility.
      113 Pine Lake Avenue, La Porte, IN 46350
      View Details
    • $400/Mo

      La Porte Flex Office Space

      Versatile office and flex space in La Porte, Indiana.
      2358 N Us Highway 35, La Porte, IN 46350
      View Details
    • $4 SF/Yr

      La Porte Commercial Space Available

      Commercial space for lease with customization options in La Porte.
      503 Lincolnway, La Porte, IN 46350
      View Details
    • Contact for pricing

      Retail Space in La Porte

      Retail space available in La Porte Business Center.
      111-113 J Street, La Porte, IN 46350
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available for single tenant occupancy.
    Where is this office units located?
    The property is located at 245 W Johnson Rd La Porte, IN.
    What are key features of this property?
    This property features: Single tenant office building; 3,400 SqFt office space; Built in 1996
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joseph Tenuta
    Real Estate License ID: RB14041752
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    245 W Johnson Rd, La Porte, IN 46350
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!