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Property profile & analytics
OFF-MARKET
Farms

1466 Highway 64 Ramsey, IN 47166

3.62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.62-acre property in Ramsey, Indiana, presents a unique investment opportunity with three distinct buildings. Ideally situated on Highway 64 NW, this location offers excellent visibility and convenient access to major east-west routes. The first building, closest to the highway, boasts two loading docks, making it suitable for various uses, including retail, storage, or wholesale distribution. Its history as a feed and grain mill, coupled with existing water garden infrastructure, suggests potential for agricultural or horticultural businesses. The second building, a sturdy structure, previously served as a machine and welding shop, offering ample space for industrial or manufacturing purposes. The third building is a two-story structure with ground-floor retail or storage space and two apartments on the upper level, providing additional income potential or housing for employees. The entire property is available for purchase as a single unit, offering a cohesive and versatile investment, or individual buildings may be considered for separate sale. This property's diverse building types and prime location present endless possibilities for a wide range of commercial and residential ventures. The substantial acreage provides ample room for expansion or future development. This is a rare opportunity to acquire a multi-use property with significant potential in a desirable location.

Property profile
Verified
Property type Farms
Lot 3.62 ac (157,687 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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