Technical
Financial
Distress signals
Property profile

1302 State Rd 2nd 2 La Porte, IN 46350

OFF-MARKET
Retail space
Property ID
US31-1548031
14,937 SF 1.54 ac lot Built 2000
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction TYPE NOT SPECIFIED
Total area 14,937 SF
Lot 1.54 ac (67,082 SF)
APN 46-10-02-154-008.000-043
UPID US31-1548031

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1302 State Rd 2nd 2 La Porte, IN 46350-4666
La Porte metro Census 42402 MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.33M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Medical building $1.1M +26.5%
Restaurant $1.1M +20.8%
Apartment house (5+ units) $965,000 +8.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1302 State Rd 2nd 2?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message