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    3445 Rdg Rd Highland, IN

    For Lease
    $16 SF/Yr ($666 /Mo)

    Three-unit brick building with spaces for lease.

    Property size:
    500 SF
    Lot size:
    0.59 Acres

    Property Features for 3445 Rdg Rd

    General Information

    Size
    500 SF
    Lot size
    0.59 Acres

    Source: Commercial In-Sites, LLC Agent David A Lasser

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Space Available

    This is a three-unit all-brick building constructed in 1982. Two units are available for lease, ranging in size from 500 to 1,125 square feet. Unit 3445, situated on the east side, offers 1,125 square feet of space with interiors including a waiting/reception office, three exam rooms, two offices, a kitchen, and a private bathroom. Unit 3449 is approximately 500 square feet and ideal for physical therapy, featuring a reception/waiting area, two exam rooms, and a private bathroom. Ample parking is available in the rear of the building. Tenants are responsible for utilities and janitorial services. The property has 147 feet of frontage on Ridge Road. Located in Highland on the northwest corner of Ridge Road and Johnston Street, the property is situated approximately one-half mile east of Kennedy Avenue and one mile west of Cline Avenue, both providing direct access to Interstate 80/94. It is also located two miles from I-8/940, 1.4 miles east of Indianapolis Blvd., and six miles north of U.S. Highway 30. According to INDOT traffic counts for 2024, the location sees 16,936 cars per day.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -87.4703029
    Latitude
    41.5434996

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    FAQs

    What type of property is this?
    Medical office - Three-unit brick building with spaces for lease.
    Where is this medical office located?
    The property is located at 3445 Rdg Rd Highland, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Sale-leaseback opportunity for the entire 3-unit building.; - High-traffic location with 147' frontage on Ridge Road and 16,936 cars/day.; - Two units available for lease with flexible sizes suitable for medical or office use.
    (219) 795-1100
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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
    3445 Rdg Rd Highland, IN
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