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Property profile

245 West Johnson Rd La Porte, IN 46350

FOR SALE
Other office properties
Property ID
US31-1113776
9,590 SF 1.06 ac lot Built 1996
Last sale Jul 2013
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suite 3 is a furnished office unit located within a 9,590-square-foot commercial building constructed in 1996. The suite is equipped with office furnishings including desks, a leather desk chair, guest seating, and a file cabinet, and includes central heating and interior lighting to support day-to-day office use. The overall property sits on a 1.057-acre site at 245 W Johnson in La Porte, Indiana, and features lake frontage as well as off-street parking. The site is served by public water and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$495k
Assessed land$106k
Assessed improvement$390k
Effective rate1.96%

Value estimate

· Oct 2026
$265k
$239k – $292k
CAP approach$1.00M
Submarket $/SF estimate$592k
NOI build-up
Gross scheduled income$144k
Vacancy & credit loss−$13k
Operating expenses−$33k
NOI · 10.42% cap applied$98k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$37/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$23 – $62

Cap rate analysis

How does the asset earn?
10.42%
$98k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLA PORTE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm9.6
Electrical Service9.3
Garden Center8.7

Location

245 West Johnson Rd La Porte, IN 46350
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1230 State Rd 2nd, La Porte, IN 46350-5537 $2,000,000 Feb 2025 25,700 SF
204 Legacy W, La Porte, IN 46350-5285 $2,788,383 Mar 2024 4,600 SF
811 Indiana, La Porte, IN 46350-3405 $270,000 Dec 2021 1,674 SF
311 Legacy, La Porte, IN 46350-5259 $239,900 May 2021 5,378 SF
2890 Monroe, La Porte, IN 46350-5247 $350,000 Nov 2020 6,624 SF
318 Pne Lk, La Porte, IN 46350-3061 $180,000 Aug 2020 3,430 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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