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    2427 Ridge Rd Hammond, IN 46322

    For Lease
    $6,666 /Mo ($19 SF/Yr)

    Mixed Use - Highland, IN

    Type:Mixed Use
    Property size:
    4,100 SF
    Lot size:
    0.85 Acres
    Days on Market:
    227
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 2427 Ridge Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    450721301005000026
    Parking features
    Paved or Surfaced
    Exterior features
    Lighting
    Size
    4,100 SF
    Lot size
    0.85 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    2008
    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Renee Egnatz (219) 322-5508 License #RB18000481

    Listing date Apr 23, 2025

    MLS# 819549 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highland Retail/Office Space Available

    Located just east of the intersection of Ridge Road and Indianapolis Boulevard in Highland, Indiana, this multi-tenant retail and office building offers high visibility and accessibility. Constructed in 2008, the well-maintained building features suite sizes ranging from 1,088 to 3,264 square feet. The property includes a paved and striped parking lot and provides convenient access to major highways. The building was previously used as a veterinary clinic. The current layout features a waiting area and reception, two private restrooms, four exam rooms with sinks, a break room, a surgery suite, an X-ray room, a large open rear area, and washer and dryer hookups. All interior walls are non-load bearing and can be removed or reconfigured to create a custom layout. The space is suitable for medical, professional, wellness, or retail uses. The building is located on a 0.845-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jimmy John's Caterer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.46974
    Latitude
    41.556158

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    FAQs

    What type of property is this?
    Retail space - Multi-tenant retail/office building with customizable suites in Highland, Indiana.
    Where is this retail space located?
    The property is located at 2427 Ridge Rd Hammond, IN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Exceptional visibility and access in the heart of Highland, IN.; - Suite sizes from 1,088 to 3,264 square feet, adaptable for various business needs.; - Well-maintained building constructed in 2008 with paved and striped parking lot.
    (219) 322-5508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2427 Ridge Rd Hammond, IN 46322
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