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Property profile

1540 Genesis Dr La Porte, IN 46350

OFF-MARKET
Manufacturing properties
Property ID
US31-1344273
5,000 SF 2 ac lot Built 1995
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14,200-square-foot industrial building, situated on a two-acre lot within the Thomas Rose Industrial Park in La Porte, Indiana, presents a compelling investment opportunity. The property, zoned M-2 Heavy Industrial, boasts a blend of warehouse and manufacturing space, complemented by 650 square feet of climate-controlled office and breakroom area. Constructed in 1995 with significant renovations in 2020 and 2022, the building features a mix of ceiling heights, ranging from 12 feet to 18 feet. The structure includes two overhead drive-in doors, one 8' x 10' and another 12' x 12', providing ample access for loading and unloading. The building's robust electrical system includes 400A, 600V (AC/DC), 3-phase power with multiple subpanels. The front section, 5,000 square feet, is constructed of metal panel siding with ornamental masonry, while the additions, totaling 9,200 square feet, offer modern functionality. This well-maintained property benefits from low real estate taxes and its location in an established industrial park. The property's APN is 46-06-25-126-017.000-043. This single-unit building offers a unique combination of space, functionality, and location, making it ideal for a variety of industrial and manufacturing uses.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1995
Construction WOOD
Total area 5,000 SF
Lot 2 ac (87,120 SF)
APN 46-06-25-126-017.000-043
UPID US31-1344273

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

1540 Genesis Dr La Porte, IN 46350-2593
La Porte metro Census 42000 MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2025
7 recorded transactions
2025
$985,000
2025
Price N/A
2025
Price N/A
2024
Price N/A
2023
Price N/A
2022
Price N/A
2014
$230,000

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
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