Warehouse Property with Covered
New
For Sale
$650,000
9565 W Snyder Road, La Porte, IN 46350
Commercial Sale, La Porte, IN
Property Size9,720 SF
Lot Size24.84 Acres
Price / SF$88.80
Days on Market2
Property Features for 9565 W Snyder Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
30
Directions
US Hwy 421 then head EAST on Snyder Rd. to property on NORTH side of the road
Standard status
Active
APN
460904100009000027
Size
7,320 SF
Lot size
24.84 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
48-09-04-100-009 IN SE 1/4 NW 1/4 S4 T36 R4 18.96 AC
Tax Annual Amount
3024
Legal Description
48-09-04-100-009 IN SE 1/4 NW 1/4 S4 T36 R4 18.96 AC
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Central
Water source
Well
Building Details
Year built
1989
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(269) 469-3950
Listed By:
Daren Huber
(760) 685-6839
Added: Oct 17
Last Checked: Oct 18 at 12:06PM
MLS# 846997
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The property comprises two parcels totaling 24.84 acres, improved with office space, warehouse and storage areas, and a covered storage building. An enclosed lean-to is attached to the warehouse for additional storage. The improvements were built in 1989.
Agricultural zoning is identified, but the exact district and permitted uses require verification. The existing improvements and any proposed operations may require approvals; no approval for industrial use, outdoor storage, subdivision, or further development is represented.
Agricultural zoning is identified, but the exact district and permitted uses require verification. The existing improvements and any proposed operations may require approvals; no approval for industrial use, outdoor storage, subdivision, or further development is represented.
Key Highlights
- Two parcels totaling 24.84 acres
- Existing office, warehouse/storage, and covered storage building
- Attached enclosed lean‑to provides additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,823
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,460
$676.5K
Cap Rate 7%
$483,186
$483.2K
Cap Rate 9%
$375,811
$375.8K
Market Conditions
NOI Build-Up for 7,320 SF
Gross rent
$43.9K $6.00/SF
− Vacancy
−$4.1K −$0.56/SF
EGI
$39.8K $5.44/SF
− OpEx
−$6.0K −$0.82/SF
NOI
$33.8K $4.62/SF
Area
LaPorte County, IN
Vacancy
9.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,460
Cap Rate 7%
$483,186
Cap Rate 9%
$375,811
Alternative Uses
Best Use
Warehouse
$483.2K
$422.8K – $563.7K
NOI $33,823 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.03M
$1.78M – $2.37M
NOI $142,449 @ 7.0% cap · market cap 21.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46350, IN
44,522
Population
19,576
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
193.5 sq mi
ZIP Area
230
Density / Sq Mi
$75,311
Median Household Income
$44,309
Median Earnings
$920
Median Rent
$199,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - Two parcels contain office, warehouse, and covered storage improvements, with agricultural zoning subject to verification.
Where is this warehouse located?
The property is located at 9565 W Snyder Road La Porte, IN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two parcels totaling 24.84 acres; Existing office, warehouse/storage, and covered storage building; Attached enclosed lean‑to provides additional storage
