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1540 Genesis Dr

14,200 SF Industrial Building La Porte, IN 46350 $1,657,522 CAD ($117 CAD/SF)

Investment Highlights

  • New Additions and Updates
  • 400 A / 600V / 3 Phase Electrical
  • M-2 Zoning in Established Industrial Park
  • Low Real Estate Taxes

Executive Summary

14,500 SF Industrial/Manufacturing building sitting on a 2-acre parcel in the Thomas Rose Industrial Park and is zoned M-2, Heavy Industrial. The front of the building is 5,000 SF built in 1995, constructed of metal panel siding with ornamental masonry over structural peaked steel trusses. The interior consists of 650 SF of office & breakroom (heated & cooled) with the remaining space utilized as warehouse/manufacturing with 12' side and 14’ center peak heights. The first addition of 2,000 SF was constructed in 2020 with one 8' x 10’ OHD and 12’ ceilings. The most recent addition was completed in 2022 and is 7,200 SF (80' x 90') with 18' ceilings and a 12’ x 12' OHD. Electrical power is 400A, 600 V (AC/DC), 3P/4W throughout with multiple subpanels. Low RE Taxes; $5,525 for '23 payable in '24.

Property Facts

Price $1,657,522 CAD
Price Per SF $117 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 2.00 AC
Rentable Building Area 14,200 SF
No. Stories 1
Year Built/Renovated 1996/2022
Tenancy Single
Parking Ratio 1.06/1,000 SF
Clear Ceiling Height 18 ft
No. Drive In / Grade-Level Doors 2

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-06-25-126-017.000-043
Land Assessment
$111,824 CAD
Improvements Assessment
$162,983 CAD
Total Assessment
$274,807 CAD

zoning

Zoning Code M-2 (Heavy Industrial)
M-2 (Heavy Industrial)
  • Listing ID: 33624618

  • Date on Market: 2024-10-24

  • Last Updated:

  • Address: 1540 Genesis Dr, La Porte, IN 46350

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