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    7264 First Line Rd La Porte, IN 46350

    Sponsored
    For Sale
    $1,770,000

    42 Acres, Prime Industrial Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 42.36-acre parcel is situated within the established Kingsbury Industrial Park in La Porte, Indiana (46350), offering unparalleled access to major transportation arteries. Zoned M1-M2, this rectangular lot is cleared and ready for development, though some grading may be required. The property boasts high-capacity electric, water, and sewer utilities already in place. Its strategic location provides easy access to Indiana Highway 6, a key connector to Interstate 94, the Indiana Toll Road, US 31, and other major state highways. Canadian National Railroad rail service is available. The site is designated a high-value location by the Indiana Economic Development Corp. (IEDC) Strategic Sites Inventory (SSI) Program, ideal for mega-site, heavy industrial, medium/light industrial, and agribusiness uses. The park itself is a long-standing hub for diverse industrial, agricultural, transportation, logistics, and warehousing operations. This property is part of a Tax Increment Financing District and is only 48 miles from Chicago and 115 miles northwest of Indianapolis. APN: 74-15-08-100-003 / 4615081000003000066. Asking price: $1,770,000.

    Property Features for 7264 First Line Rd

    General Information

    Property type
    Land
    Lot Size
    1,845,202 SF

    HighLights

    • Kingsbury Industrial Park development site with robust infrastructure.
    • On‑site high‑capacity utilities (electric, water, sewer).
    • Prime location adjacent to Indiana Highway 6, providing easy access to I‑94, the Indiana Toll Road, and US 31.
    • Situated within a Tax Increment Financing (TIF) District.
    • Canadian National (CN) rail service available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery 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
    -86.6732801
    Latitude
    41.5007183

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    FAQs

    What type of property is this?
    Land - 42 Acres, Prime Industrial Site
    Where is this land located?
    The property is located at 7264 First Line Rd La Porte, IN.
    What is the asking price?
    The asking price for this property is $1,770,000.
    What are key features of this property?
    This property features: Kingsbury Industrial Park development site with robust infrastructure.; On-site high-capacity utilities (electric, water, sewer).; Prime location adjacent to Indiana Highway 6, providing easy access to I-94, the Indiana Toll Road, and US 31.
    (574) 485-1537
    Request Owner's contact information
    7264 First Line Rd La Porte, IN 46350
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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
    7264 First Line Rd La Porte, IN 46350
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