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    1345 Highway 64 Ramsey, IN 47166

    For Sale
    Contact for pricing

    High-traffic location, versatile office space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This 475k USD commercial property boasts excellent visibility on Highway 64, directly across from North Harrison High School in Ramsey, Indiana. Previously utilized as a barbershop, residential rental (currently unavailable for residential use), and insurance office, this adaptable space offers a variety of possibilities for a new tenant. The building includes a small kitchen, a dedicated storage room, and a bathroom, in addition to a sizable open floor plan ideal for office use. All utilities are included in the lease price, providing a cost-effective solution for businesses. Ample parking is available directly in front of the building for employees and clients. The property also features a large highway-facing sign, with the upper portion available for tenant branding at their expense (sign replacement required). High-speed internet access is readily available at this location. This is an exceptional opportunity for a business seeking high visibility and convenient access in a thriving community. The versatile layout and included utilities make this a truly attractive option. Serious inquiries only.

    Property Features for 1345 Highway 64

    General Information

    Property type
    Office Properties & Spaces
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Storage Facility Bar & Pub Furniture Store Daycare Center Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ramsey
    County
    Harrison
    State
    Indiana
    Longitude
    -86.14931
    Latitude
    38.32194

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    FAQs

    What type of property is this?
    Office Property / Space - High-traffic location, versatile office space.
    Where is this office property / space located?
    The property is located at 1345 Highway 64 Ramsey, IN.
    What is the asking price?
    The asking price for this property is $475.
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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
    1345 Highway 64 Ramsey, IN 47166
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