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    11 Pine Lake Ave La Porte, IN 46350

    For Lease
    $3 SF/Yr

    68,000 SF Warehouse, Newly Renovated

    Lot size:
    182,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 68,000-square-foot warehouse space, part of a larger 182,300-square-foot building, is available for lease in La Porte, Indiana. Recently renovated in 2023, this property boasts extremely heavy-duty construction, ideal for industrial use. The warehouse features impressive 18' to 24' high ceilings and expansive drive-through work areas. Floors are exceptionally thick, ranging from one to two feet in depth, providing robust support. Power is substantial, with 1200 and 600 amp/480-volt electrical panels on-site. Three grade-level doors are currently in place, with the potential to add more at-grade drive-in doors and above-grade loading docks. Ample parking is available. The building sits on a 9.07-acre lot and is zoned B2 General Commercial District in LaPorte County. Its location within La Porte's historic manufacturing district offers easy access to Indiana State Highways 25 and 39, as well as the Indiana Toll Road (Interstate 80-90) and Interstate 94, making it strategically positioned for efficient distribution throughout the Great Lakes Region and Midwest. Built in 1929, this property combines historical character with modern functionality, offering a unique opportunity for businesses seeking a well-equipped and conveniently located warehouse facility. The large column spacing provides flexibility for layout and operations.

    Property Features for 11 Pine Lake Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    182,300 SF
    Total Rate
    56968.75

    Building Details

    Year Built/Renovated
    1929/2023

    Unit(s) available at that property

    Space
    Size
    68,000 SF
    Rate per SF
    $5

    HighLights

    • Industrial warehouse space available for lease.
    • High‑capacity electric cranes, large grade‑level doors, and extra‑thick floors.
    • Excellent location for servicing the Great Lakes and Midwest regions.
    • High ceilings and heavy‑duty construction in this industrial warehouse building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metaltec Manufacturer Berry Metal Co Store Northwoods Construction Construction Company

    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
    -86.7257622
    Latitude
    41.6153332

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    FAQs

    What type of property is this?
    Distribution property - 68,000 SF Warehouse, Newly Renovated
    Where is this distribution property located?
    The property is located at 11 Pine Lake Ave La Porte, IN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Industrial warehouse space available for lease.; High-capacity electric cranes, large grade-level doors, and extra-thick floors.; Excellent location for servicing the Great Lakes and Midwest regions.
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    11 Pine Lake Ave 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
    11 Pine Lake Ave La Porte, IN 46350
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