Property profile

607 Jefferson Ave La Porte, IN 46350

FOR LEASE
Other commercial real estate
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Property ID
US31-1401740
9,975 SF 0.21 ac Built 1918
Last sale Jan 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This commercial property is located in La Porte, Indiana, and consists of approximately 1,000 square feet of interior space on a parcel of about 0.2138 acres. The building features a brick exterior and an awning-covered private entrance, and includes spacious rooms with a private bathroom. Off-street parking is available, and the property offers flexibility for interior build-out or customization based on tenant requirements.

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?
$4k
Tax billed · 2023
Assessed value$121k
Assessed land$54k
Assessed improvement$67k
Effective rate3.44%

Value estimate

· Nov 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$1k
Operating expenses−$3k
NOI · 1,075.26% cap applied$10k

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?
1,075.26%
$10k 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.3
Bakery9.9
Watch Repair Shop8.8

Location

607 Jefferson Ave La Porte, IN 46350
County assessor Recorded deeds · 2 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
720 Lincolnway, La Porte, IN 46350-3838 $415,000 May 2025 9,810 SF
1333 State Rd 2nd, La Porte, IN 46350-4665 $150,000 Jun 2024 8,240 SF
517 Tipton, La Porte, IN 46350-2462 $65,700 Jun 2023 7,314 SF
1100 Lincolnway, La Porte, IN 46350-3289 $325,000 Jan 2023 15,097 SF
10544 State Rd 39, La Porte, IN 46350-8898 $20,200 Sep 2022 11,000 SF
714 Lincolnway, La Porte, IN 46350-3353 $335,000 May 2020 9,200 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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