500 Legacy PlzLa Porte, IN 46350

Property Details for 500 Legacy Plz

Year built

2001

Construction

WOOD

Lot size

0.21 AC

Property size (Sq ft)

2,000 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

46-11-06-101-114.000-058

APU

461106101114000058

Description

This exceptional 2,000-square-foot medical office condo is situated within the Sagamore Business Center in La Porte, Indiana, at 500 Legacy Plaza W, near the intersection of Monroe St and Feikes Blvd. The property, classified as a Class B building, is zoned for office parks and features a single-tenant occupancy. The space is currently fully vacant and ready for immediate occupancy. Ideal for medical professionals, the condo boasts two exam rooms, a procedure room, a sizable waiting area, and a convenient kitchenette. This flexible lease option offers a unique opportunity to secure a professional workspace for up to two days a week (Wednesdays and Thursdays). The address is 560 Legacy Plaza W, La Porte, IN 46350 (APN: 46-11-06-101-114.000-058). Its strategic location provides easy access for both patients and staff. The attractive pricing structure makes this a highly competitive option for medical practices seeking a modern, adaptable, and well-equipped space to enhance their operations. The property's total square footage is 2,000 square feet, with all 2,000 square feet currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $642,743

  6.5%

  $593,301

  7%

  $550,923

• Comparable approach

  Method

  Valuation

  Relative Method

  $260,500

  Geo Method

  $260,500

• Alternative Use

  Use

  Valuation

  Residential

  $735,694

  Hospitality

  $673,891

  Educational

  $560,670

  Medical

  $579,952

  Retail

  $872,153

Location Insight

City

La Porte

County

Laporte

State

Indiana

Latitude

41.6019

Longitude

-86.6952

CBSA code

33140

CBSA name

MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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