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    2904 45 St Highland, IN

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    For Sale
    $699,000

    Mixed-use building with apartments and retail space in Highland, Indiana.

    Property size:
    4,144 SF
    Lot size:
    0.54 Acres

    Property Features for 2904 45 St

    General Information

    Size
    4,144 SF
    Lot size
    0.54 Acres

    Source: Diversified Commercial Real Estate Agent Dennis Larson

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

    Overview

    Highland Mixed-Use Building For Sale

    This mixed-use property in Highland, Indiana, features a storefront and apartments. The building has undergone numerous capital improvements since 2018. The property has a total size of 4144 square feet and includes apartments on the second floor that are currently leased. The property is suitable for retail and residential income purposes.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    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?
    Storefront property - Mixed-use building with apartments and retail space in Highland, Indiana.
    Where is this storefront property located?
    The property is located at 2904 45 St Highland, IN.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Apartments (Leased) on 2nd Floor; - Many Capital Improvements Since 2018; - Low Taxes
    (219) 836-4740
    Request Owner's contact information
    2904 45 St Highland, IN
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    Highland, IN
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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
    2904 45 St Highland, IN
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