7553 E Ridge Rd Hobart, IN 46342
For Lease
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This exceptional Hobart, Indiana office building presents a remarkable investment opportunity. Located at 7553 E Ridge Road, this property boasts a substantial 3000+ square feet of space, offering significant potential for a variety of businesses. The building is situated on a generous 0.44-acre lot, providing ample parking for employees and clients. A convenient walk-out access in the rear enhances functionality and accessibility. While a significant portion of the building has been underutilized in recent years, this presents a unique chance to revitalize and customize the space to meet specific business needs. The prime location in the heart of Hobart offers excellent visibility and accessibility, making it an ideal spot for a thriving enterprise. The asking price of $249,900 makes this a truly affordable entry point into commercial real estate ownership. The substantial square footage and generous lot size offer unlimited potential for expansion and development. This is a rare opportunity to acquire a well-positioned property with significant upside potential in a desirable location. Don't miss out on this chance to transform this underutilized building into a thriving business hub. Serious inquiries only.
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Artisan Quality Construction Construction Company
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Discount Family Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.