Financial
Distress signals
Property profile

100 Anchor Rd Michigan City, IN 46360

FOR SALE
Warehouses
Property ID
US31-1445253
50,765 SF 4.42 ac lot Built 1975
Last sale May 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 62,045-square-foot multi-use building at 100 Anchor Road, Michigan City, Indiana, presents a unique investment opportunity. Situated on 4.41 acres in the Industrial Park submarket, this two-story structure boasts a diverse range of spaces suitable for warehouse, distribution, flex, coworking, manufacturing, traditional office, creative office, and executive office uses. Currently, 13,000 square feet is available for lease, with individual spaces ranging from 100 to 18,518

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$720k
Assessed land$95k
Assessed improvement$625k
Effective rate3.01%

Value estimate

· Sep 2026
$750k
$675k – $825k
AI approach$750k
Submarket $/SF estimate$1.10M
NOI build-up
Gross scheduled income$363k
Vacancy & credit loss−$34k
Operating expenses−$99k
NOI · 7.67% cap applied$230k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.67%
$230k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLA PORTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.7
Wholesale Shop10.8
HVAC Service10.1

Location

100 Anchor Rd Michigan City, IN 46360
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10422 400th N, Michigan City, IN 46360-9470 $475,000 Jan 2025 3,000 SF
Sr 39, Michigan City, IN 46360 $42,880 Nov 2022 No data
332 Us Hwy 20, Michigan City, IN 46360-7368 $125,000 Mar 2021 38,190 SF
100 Winski, Michigan City, IN 46360 $135,000 Aug 2020 3,200 SF
3608 Michigan, Michigan City, IN 46360-6526 $250,000 Jul 2020 8,873 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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