1540 Genesis Dr - Service FOR SALE


La Porte, IN 46350
$985,000 USD
312-446-7059
1540 Genesis Dr, La Porte, IN for Sale
$985,000 USD
Service - FOR SALE
1/7
null | Request Cap Rate

1540 Genesis Dr
La Porte, IN 46350


OVERVIEW

Located in the established Thomas Rose Industrial Park, this 14,200 SF industrial/manufacturing facility sits on a spacious 2-acre site with M-2 Heavy Industrial zoning. The front portion, built in 1996, provides 5,000 SF of space featuring masonry accents over durable metal siding, along with a 650 SF finished office and breakroom area. The middle section, a 2,000 SF addition completed in 2019, offers 12-foot ceiling clearance and is equipped with an 8’x 10’ overhead door for easy loading access. In 2021, the rear of the building was expanded by 7,200 SF, providing an 80’ x 90’ open span with 18-foot ceiling heights, a 6-inch reinforced concrete floor, and a 12’ x 12’ overhead door. The property is powered by a heavy-duty electrical system with 400-amp, 600-volt (AC/DC), 3-phase, 4-wire service, supported by multiple subpanels. With real estate taxes of just $5,082 in 2024, payable in 2025, this site offers a cost-effective opportunity for industrial users.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

M-2

APN/PARCEL ID

46-06-25-126-017.000-043

ASK ABOUT THIS PROPERTY

Lori TubbsLori A Tubbs Development & ConsultingMore Info
312-446-7059

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Lori TubbsLori A Tubbs Development & ConsultingMore Info
312-446-7059

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.