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    Highway 64 Ramsey, IN 47166

    • Multifamily properties
    • 2.90 lot acres
    For Sale
    View listing
    $125,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Multifamily properties

    Property Details for Highway 64

    Lot size
    2.90 lot acres
    Property type
    Multifamily properties

    Description

    This exceptional investment opportunity presents a solid multi-family building situated on a substantial 2.9-acre lot in Ramsey, Indiana. The property boasts a prime location directly on Highway 64 NW, a major east-west state road, ensuring high visibility and convenient access. The building itself offers a unique blend of commercial and residential space. The ground floor previously served as storage and retail space, presenting versatile options for future tenants or business ventures. The second floor comprises two separate apartments, providing immediate rental income potential. This listing encompasses one building only

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ramsey
    County
    Harrison
    State
    Indiana
    Longitude
    -86.1319
    Latitude
    38.3181

    Comparable in this City

    • Value Estimation by Request
      3.62 Acres

      1466 Highway 64

      Agricultural properties • 3.62 Acres
      1466 Highway 64, Ramsey, IN 47166
      View Details
    • Value Estimation by Request
      532 SF

      8967 Charles Davis NW Rd

      COMMERCIAL (GENERAL) • 532 SF
      8967 Charles Davis NW Rd, Ramsey, IN 47166-8918
      View Details
    • Value Estimation by Request
      5,472 SF

      1900 Hwy 64th NW

      COMMERCIAL (GENERAL) • 5,472 SF
      1900 Hwy 64th NW, Ramsey, IN 47166-8605
      View Details
    • Value Estimation by Request
      0.20 Acres

      1470 Highway 64

      Industrial properties • 0.20 Acres
      1470 Highway 64, Ramsey, IN 47166
      View Details
    • Value Estimation by Request
      1,000 SF

      Hwy 64th Nw Lots

      COMMERCIAL (GENERAL) • 1,000 SF
      Hwy 64th Nw Lots, Ramsey, IN 47166
      View Details
    • Value Estimation by Request
      77,110 SF

      1115 Whiskey Run NW Rd

      OFFICE (GENERAL) • 77,110 SF
      1115 Whiskey Run NW Rd, Ramsey, IN 47166-8506
      View Details

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    Highway 64
    Ramsey, IN 47166
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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
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