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    Property profile & analytics

    1480 Highway 64 Ramsey, IN 47166

    • Commercial real estate
    • 9,500 SF
    • 0.13 lot acres
    For Sale
    View listing
    $125,000
    Value Estimation
    Location Intelligence
    Property ID
    US31-0340628
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1480 Highway 64

    Year built
    1932
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Property size
    9,500 SF
    Property type
    Commercial real estate
    APN
    31-05-23-327-006.000-011
    APU
    310523327006000011

    Description

    This exceptional 9,500 square foot industrial building, situated on a 0.52-acre lot at 1480 Highway 64 NW in Ramsey, Indiana, presents a compelling investment opportunity. Previously utilized for retail purposes, the property's versatile design lends itself to a variety of commercial applications, including storage or wholesale distribution. Two convenient loading docks facilitate efficient loading and unloading operations. A notable feature is the existing substantial water garden infrastructure, ideal for businesses involved in fish or plant sales. The property's location on a major east-west state road ensures excellent visibility and accessibility, providing significant advantages for attracting customers and streamlining logistics. This listing encompasses the front 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
    -86.1512
    Latitude
    38.3233
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $963
    $6,500
    $67,800
    $74,300
    -
    $6,500
    $67,800
    $74,300

    Comparable in this City

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      1900 Hwy 64th NW

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      495 Hwy 64th NW

      COMMERCIAL (GENERAL) • 2,000 SF
      495 Hwy 64th NW, Ramsey, IN 47166-8534
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      6 Pt Inlot 7th 7th Inlot

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      Haas Church Rd

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    1480 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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