2910 Monroe St La Porte, IN 46350-5249
Property Lookup
Property profile & analytics
2910 Monroe St La Porte, IN 46350-5249
- Medical Office Space
- 5,932 SF
- 2.13 lot acres
Property ID
US31-2082696
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.
Location Intelligence
Current Use by Public Records
- Fresenius Kidney Care Nephrology Laporte / Medical Clinic
- Milligan Samuel L MD / Physician
- Nephrology Physicians / Medical Clinic
- Porile James L MD / Physician / Medical Clinic
Property Details for 2910 Monroe St
- Year built
- 1995
- Construction
- WOOD
- Lot size
- 2.13 lot acres
- Property size
- 5,932 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 46-11-06-178-008.000-058
- APU
- 461106178008000058
Description
This exceptional investment opportunity presents a 5,932 square foot medical office building located at 2910 Monroe Street, La Porte, Indiana, 46350. The property boasts a brand new 10-year triple net (NNN) lease with Lighthouse Autism Center, a financially strong tenant with a corporate guarantee. This single-tenant occupancy ensures a stable and reliable income stream, further enhanced by a 3% annual rent escalation. The building, constructed in 1995 and classified as Class B, sits on a 2.13-acre lot zoned B1 Neighborhood Commercial. The property features significant upgrades completed in 2024 and offers a compelling 7.27% capitalization rate with a Net Operating Income (NOI) of $145,334 and an asking price of $1,999,000 ($336.99 per square foot). Situated in the Chicago MSA, La Porte offers a blend of small-town charm and convenient access to urban amenities, including proximity to parks, lakes, and cultural attractions. The city's population is 22,241 (2020 Census), and its location along the South Shore train line provides easy access to Chicago. This investment is ideal for those seeking a secure, high-yield property with a long-term lease to a reputable tenant in a growing community. The property is 100% occupied.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- La Porte
- County
- Laporte
- State
- Indiana
- Longitude
- -86.6913
- Latitude
- 41.5998
- 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
$20,678
$86,000
$338,400
$424,400
-
$86,000
$338,400
$424,400
