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Property profile & analytics
FOR LEASE
Commercial real estate

7553 E Ridge Rd Hobart, IN 46342

3,144 SF 0.44 ac lot Built 1966
Entity Owned Free & Clear
Property ID
US31-2010912
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1966
Construction WOOD
Total area 3,144 SF
Lot 0.44 ac (19,384 SF)
APN 45-09-29-203-007.000-018
UPID US31-2010912
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
Current use
Occupant on record · Public records
  • Artisan Quality Construction Construction Company
  • Discount Family Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tina LLC
Tina LLC
since 2025
2 recorded transactions
2025
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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