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    2427 Ridge Rd Highland, IN 46322

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

    COMMERCIAL - Highland, IN

    Property size:
    4,100 SF
    Lot size:
    0.85 Acres
    Days on Market:
    234
    Last Refresh:
    Dec 12 at 2:06 am

    Property Features for 2427 Ridge Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    450721301005000026
    Exterior features
    Lighting
    Size
    4,100 SF
    Lot size
    0.85 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    2008

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

    Listing agent Renee Egnatz (219) 808-7337

    Listing date Apr 23, 2025

    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 Lease Opportunity

    This multi-tenant retail and office building, constructed in 2008, is located just east of the intersection of Ridge Road and Indianapolis Boulevard in Highland, Indiana. The building offers suite sizes ranging from 1,088 to 3,264 square feet. The property features a paved and striped parking lot and proximity to major highways. One of the suites was previously used as a veterinary clinic, and its current layout includes 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. The space is suitable for medical, professional, wellness, or retail uses. The building is situated on a 0.845-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Vermillion
    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 Highland, IN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime location just East of Ridge Road and Indianapolis Blvd in Highland, IN, offering exceptional visibility and access.; - Adaptable space with suite sizes from 1,088 to 3,264 square feet and non-load bearing interior walls allowing for custom layout configurations.; - Well-maintained building constructed in 2008 with paved and striped parking lot.
    (219) 808-7337
    Request Owner's contact information
    2427 Ridge Rd Highland, IN 46322
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    Highland, IN 46322
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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 Highland, IN 46322
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