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    1480 Highway 64 Ramsey, IN 47166

    For Sale
    $125,000

    Ramsey, IN: 9,500 sq ft industrial space

    Property size:
    9,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 9,500 square foot industrial building, situated on a 0.52-acre lot at 1480 Highway 64 NW in Ramsey, Indiana, presents a compelling investment opportunity. Previously utilized for retail purposes, the property's versatile design lends itself to a variety of commercial applications, including storage or wholesale distribution. Two convenient loading docks facilitate efficient loading and unloading operations. A notable feature is the existing substantial water garden infrastructure, ideal for businesses involved in fish or plant sales. The property's location on a major east-west state road ensures excellent visibility and accessibility, providing significant advantages for attracting customers and streamlining logistics. This listing encompasses the front building only

    Property Features for 1480 Highway 64

    General Information

    Property type
    Industrial properties
    Square Feet
    9,500 SF
    Lot Size
    22,651 SF

    Building Details

    Year Built
    1932
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Storage Facility Bar & Pub Electrical Service Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ramsey
    County
    Harrison
    State
    Indiana
    Longitude
    -86.1516
    Latitude
    38.32347

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    FAQs

    What type of property is this?
    Industrial property - Ramsey, IN: 9,500 sq ft industrial space
    Where is this industrial property located?
    The property is located at 1480 Highway 64 Ramsey, IN.
    What is the asking price?
    The asking price for this property is $125,000.
    (812) 989-1032
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    1480 Highway 64 Ramsey, IN 47166
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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
    1480 Highway 64 Ramsey, IN 47166
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