Technical
Financial
Distress signals
Property profile

1201 Lk St La Porte, IN 46350

OFF-MARKET
Warehouses
Property ID
US31-2084154
6,876 SF 1.99 ac lot Built 1935
Trust Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This single-tenant industrial property, located at 1201 Lake St, La Porte, IN 46350, offers 8,600 square feet of versatile space ideal for manufacturing, warehousing, or distribution. Built in 1984, the building sits on one acre of land and is zoned M2 Industrial (APN: 460635401044000043). The property features a metal building construction with approximately 12-foot clear ceiling height, providing ample headroom for various operations. Access is enhanced by two drive-in doors and two dock-high doors, along with two loading docks, facilitating efficient loading and unloading. Ample parking is available on-site for employees and visitors. The property is conveniently located near Tyler St, offering easy access to major transportation routes. A fenced entry provides added security. This well-maintained building presents a fantastic opportunity for businesses seeking a functional and strategically located industrial space. The property's features, including its size, loading capabilities, and ample parking, make it an attractive option for a variety of industrial uses. The M2 zoning ensures flexibility for a range of permitted activities. This is a rare opportunity to acquire a well-situated industrial property in a thriving area.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1935
Construction TYPE NOT SPECIFIED
Total area 6,876 SF
Lot 1.99 ac (86,728 SF)
APN 46-06-35-401-004.000-043
UPID US31-2084154

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1201 Lk St La Porte, IN 46350-3164
La Porte metro Census 42000 MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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