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    Property profile & analytics

    1202 Lincolnway La Porte, IN 46350-3207

    • Turn key restaurants
    • 2,814 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US31-1842547
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wendy's / Hamburger Restaurant / Restaurant

    Property Details for 1202 Lincolnway

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    2,814 SF
    Property type
    Turn key restaurants
    APN
    46-06-35-458-004.000-043
    APU
    460635458004000043

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Porte
    County
    Laporte
    State
    Indiana
    Longitude
    -86.7252
    Latitude
    41.6088
    CBSA code
    33140
    CBSA name
    MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,590
    $53,900
    $130,400
    $184,300
    -
    $53,900
    $130,400
    $184,300

    Comparable in this City

    • Value Estimation by Request
      0.27 Acres

      410 Pne Lk Ave

      RESTAURANT • 0.27 Acres
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    • Value Estimation
      $310,000
      0.67 Acres

      151 Newporte Blvd

      RESTAURANT • 0.67 Acres
      151 Newporte Blvd, La Porte, IN 46350
      View Details
    • Value Estimation
      $310,000
      5,218 SF

      1115 Lincolnway

      RESTAURANT • 5,218 SF
      1115 Lincolnway, La Porte, IN 46350-3953
      View Details
    • Value Estimation
      $315,000
      7,136 SF

      933 Nursery Rd

      RESTAURANT • 7,136 SF
      933 Nursery Rd, La Porte, IN 46350-5320
      View Details
    • Value Estimation
      $410,000
      9,122 SF

      4293 Us Hwy 35

      RESTAURANT • 9,122 SF
      4293 Us Hwy 35, La Porte, IN 46350-7500
      View Details
    • Value Estimation
      $365,000
      10,155 SF

      216 Lincolnway

      RESTAURANT • 10,155 SF
      216 Lincolnway, La Porte, IN 46350-3719
      View Details

    Similar Nearby for Sale

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      Turnkey Restaurant with Upstairs Apartment

      Updated restaurant with apartment in booming Northwest Indiana.
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      New 7-Eleven NNN Investment

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      960 SF commercial space ideal for office or retail.
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    • $1.00 SF/Yr
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      Downtown La Porte Commercial Space

      Customizable commercial space in downtown La Porte, available for lease.
      814 Lincolnway, La Porte, IN 46350
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    Property Visit Statistics

    • Visits by month
      14.1k
    • Visitors by month
      10.1k
    • Avg Time on site
      12 min
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    1202 Lincolnway
    La Porte, IN 46350-3207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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