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    Property profile & analytics

    205 Lincolnway La Porte, IN 46350-2410

    • Retail space
    • 2,010 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US31-2040422
    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

    • CoinFlip Bitcoin ATM / Investment Service / Money Transfer Service
    • Lincolnway Minimart / CHESTERS / Fried Chicken Takeaway / Ice Cream Shop

    Property Details for 205 Lincolnway

    Year built
    1962
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    2,010 SF
    Property type
    Retail space
    APN
    46-06-36-160-008.000-043
    APU
    460636160008000043

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $390,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $375,000
      Mixed-Use
      $385,000
      Hospitality
      $410,000
      Educational
      $320,000
      Residential Income
      $425,000
      Energy
      $420,000
      Income-Based Land
      $320,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    La Porte
    County
    Laporte
    State
    Indiana
    Longitude
    -86.7165
    Latitude
    41.6141
    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
    $2,830
    $39,900
    $52,400
    $92,300
    -
    $39,900
    $52,400
    $92,300

    Comparable in this City

    • Value Estimation by Request
      221,703 SF

      1340 State Rd 2nd 2

      RETAIL STORES (PERSONAL SERVICES) • 221,703 SF
      1340 State Rd 2nd 2, La Porte, IN 46350-4666
      View Details
    • Value Estimation
      $130,000
      280 SF

      Detroit St

      RETAIL STORES (PERSONAL SERVICES) • 280 SF
      Detroit St, La Porte, IN 46350
      View Details
    • Value Estimation
      $440,000
      13,406 SF

      255 Hupp Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,406 SF
      255 Hupp Rd, La Porte, IN 46350-9200
      View Details
    • Value Estimation
      $420,000
      8,000 SF

      410 Pne Lk Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      410 Pne Lk Ave, La Porte, IN 46350-2304
      View Details
    • Value Estimation
      $415,000
      5,760 SF

      1255 State Rd 2nd 2

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      1255 State Rd 2nd 2, La Porte, IN 46350-4495
      View Details
    • Value Estimation
      $1,020,000
      67,500 SF

      512 Andrew Ave

      RETAIL STORES (PERSONAL SERVICES) • 67,500 SF
      512 Andrew Ave, La Porte, IN 46350-4633
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Adaptable commercial property on a high-traffic street.
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      La Porte Commercial Opportunity

      Versatile commercial property in downtown La Porte, Indiana.
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      New 7-Eleven NNN Investment

      New construction 7-Eleven with long-term NNN lease.
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    Similar Nearby for Lease

    • $1,400 /Mo
      1,000 SF

      La Porte Commercial Space

      Multi-use space in prime location with ample parking.
      212 Pine Lake Ave, La Porte, IN 46350
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      High-traffic retail pad, ready to build.
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      View Details
    • Contact for pricing
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      Retail Space in La Porte

      Retail space available in redeveloped shopping center with high visibility.
      1460 W State Road 2, La Porte, IN 46350
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    • $1.00 SF/Yr
      2,200 SF

      Downtown La Porte Commercial Space

      Customizable commercial space in downtown La Porte, available for lease.
      814 Lincolnway, La Porte, IN 46350
      View Details
    • Contact for pricing
      1,520 SF

      Retail Space in Commercial Corridor

      Retail space available in a commercial corridor with strong tenants.
      71 Pine Lake Ave, La Porte, IN 46350
      View Details
    • $1,200 /Mo
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      Versatile Commercial Space in La Porte

      960 SF commercial space ideal for office or retail.
      1223 W State Road 2, La Porte, IN 46350
      View Details
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    205 Lincolnway
    La Porte, IN 46350-2410
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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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