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Property profile & analytics
OFF-MARKET
Land

1333 State Road 2 La Porte, IN 46350

0.38 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.38 ac (16,509 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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