Property profile

2246 Industrial Dr Highland, IN 46322

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US31-3556890
7,735 SF 0.79 ac Built 1995
Last sale Apr 2004
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This office unit contains approximately 2,590 square feet and features a reception area, two bathrooms, a large conference room, a lunch room, four private lockable offices, and a broad open area that was formerly used for desks or cubicles. The interior is adaptable and can be reconfigured into a more open layout, with flexibility to select floor and wall finishes. The unit has two front entrances and two rear emergency exits, and it includes off-street parking at both the front and rear. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$11k
Tax billed · 2022
Assessed value · 2023$526k
Assessed land$141k
Assessed improvement$386k
Effective rate2.03%

Value estimate

· Nov 2026
$310k
$279k – $341k
AI approach$310k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$12k
Operating expenses−$11k
NOI · 1,014.92% cap applied$33k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$36 – $120
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,014.92%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.6
Parking Facility10.5
Convenience Store10.0

Location

2246 Industrial Dr Highland, IN 46322
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3837 Rdg, Highland, IN 46322-2256 $330,000 Jul 2020 4,300 SF
10420 Indianapolis, Highland, IN 46322-3510 $2,546,900 Jun 2020 16,004 SF
3021 45th, Highland, IN 46322-3202 $187,500 May 2020 2,000 SF
3405 Rdg, Highland, IN 46322-2049 $4,500,000 May 2020 10,113 SF
Cor Of Frst, Highland, IN 46322 $100,000 Feb 2020 2,000 SF
Kennedy, Highland, IN 46322 $50,875 Nov 2019 5,486 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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