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    7779 E Ridge Rd Hobart, IN 46342

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    For Lease
    $16 SF/Yr ($3,991 /Mo)

    Well-maintained office space with high visibility and easy access.

    Property size:
    2,903 SF
    Lot size:
    2.10 Acres

    Property Features for 7779 E Ridge Rd

    General Information

    Size
    2,903 SF
    Lot size
    2.10 Acres

    Source: Latitude Commercial Agent Chandler Kimmel

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

    Overview

    Professional Office Space Available

    Approximately 3,000 square feet of professional office space is available for lease. The buildings are extremely well maintained and feature a good mix of tenants. The location benefits from high traffic volume, with over 21,000 vehicles per day on Ridge Road. Easy access to Interstate 80/94 is provided. The property offers good signage opportunities and ample shared parking.
    Insight Report Location Intelligence

    Current Use by Public Records

    Community In-Homecare Home Health Care Service Groups Recover Together Addiction Treatment Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Lake
    State
    Indiana
    Longitude
    -87.2453748
    Latitude
    41.5499389

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    FAQs

    What type of property is this?
    Office space - Well-maintained office space with high visibility and easy access.
    Where is this office space located?
    The property is located at 7779 E Ridge Rd Hobart, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Easy Access to 80/94; - 21,000+ VPD on Ridge Rd; - Approximately 3,000sf professional office space available for lease
    (219) 218-8200
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    7779 E Ridge Rd Hobart, IN 46342
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    Hobart, IN 46342
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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
    7779 E Ridge Rd Hobart, IN 46342
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