1333 State Road 2 La Porte, IN 46350
This exceptional 0.379-acre commercial land parcel, located at 1333 W State Rd 2 in La Porte, Indiana (zip code 46350), presents a unique investment opportunity. Zoned Commercial/B2, this outlot is ideally suited for a variety of commercial uses, particularly those benefiting from high visibility and convenient access. The property boasts excellent frontage on State Highway 2, a major thoroughfare experiencing robust traffic volume of 14,500 vehicles daily. Its strategic location offers significant advantages, situated less than a mile from Northwest Health Hospital and directly across from the revitalized Maple Lane Mall, anchored by prominent retailers such as Rural King, Planet Fitness, Advance Auto, Walgreens, and a new Urgent Care Clinic. The property's proximity to a proposed medical development, West Gate Place, further enhances its potential. The existing Kabelin Ace Hardware anchors the immediate area, providing established commercial presence and attracting significant customer traffic. This outlot is available for purchase at an asking price of $220,000 and presents a compelling opportunity for lease, purchase, or build-to-suit development, particularly for fast-food concepts or other drive-thru businesses. Don't miss this chance to secure a prime commercial location in a thriving area of La Porte.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.