1466 Highway 64 Ramsey, IN 47166
This exceptional 3.62-acre commercial property, located at 1466 and 1480 Highway 64 NW in Ramsey, Indiana, presents a unique investment opportunity. The substantial building, previously utilized as a retail space, offers endless possibilities for a variety of commercial ventures. Its adaptable layout makes it ideal for storage or wholesale distribution operations, significantly enhanced by the inclusion of two convenient loading docks. The property's history as a feed and grain mill adds to its character and potential. A notable feature is the existing extensive water garden infrastructure, perfectly suited for businesses involving fish or plant sales. This infrastructure represents a significant pre-existing asset, saving considerable development costs. The property's strategic location on a major east-west state road ensures high visibility and accessibility, attracting a substantial customer base. The current inventory within the building is available for negotiation as part of the sale. This is a rare chance to acquire a versatile commercial property with significant existing infrastructure and a prime location, ready for immediate occupancy and adaptation to your specific business needs. The ample acreage provides room for expansion or future development. Don't miss this opportunity to own a piece of Ramsey's commercial landscape. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.