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Property profile & analytics
FOR LEASE
Warehouses

100 Anchor Rd Michigan City, IN 46360

50,765 SF 4.42 ac lot Built 1975
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US31-1445253
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 square feet. The building features 18-foot ceilings, providing ample vertical space, and includes four dock-high doors and three drive-in doors for efficient loading and unloading. Ample parking is provided with 103 spaces. The property benefits from robust power capabilities, including 750 KVA 277-480V, 3-phase heavy power. Built in 1975, the building is zoned for Light Industrial use and is conveniently located near Freyer Road. While elevators are not present, the building's layout and features are designed to accommodate a variety of business needs. This property offers a compelling blend of functionality and location, making it an ideal choice for businesses seeking versatile and well-equipped industrial space in a thriving submarket. The property is zoned for Light Industrial use.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 50,765 SF
Lot 4.42 ac (192,535 SF)
APN 46-01-24-100-028.000-022
UPID US31-1445253
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
Current use
Occupant on record · Public records
  • Renew Counseling LLC Crisis Center Medical Clinic
  • Yvonne Lopez Counselor Practitioner Service Location
  • Legacy Screen Printing (Bike/Boat/Book/etc) Store Printing Service
  • Dawn Yates Foster Care Service Social Service Agency
  • FSI Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$925k
Owner & transaction history
Anchor Road Partners II LLC · 4 yrs held
Anchor Road Partners II LLC
since 2021
3 recorded transactions
2026
Price N/A
2021
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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