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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    8208 Kennedy Ave, Highland, IN 46322-1130

    3,806 SF 0.14 ac lot Built 1968
    Individually Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US31-0772320
    Property summary
    AI-generated overview

    This 2,123-square-foot free-standing retail building, located at 8208 Kennedy Avenue in Highland, Indiana, presents a compelling investment opportunity. Situated on a 0.14-acre lot, this single-tenant property boasts high visibility and strong traffic counts due to its prime location directly on Kennedy Avenue, just south of the 80-94 interchange. Previously used as a salon, the building offers ample space for a variety of retail uses. A dedicated parking lot provides convenient customer access. The property's proximity to the 80-94 expressway ensures easy access to Chicago, benefiting both customers and employees. Built in 1968, the building is zoned B1 and is located in Lake County, within the town of Highland, which had a population of 23,727 as of the 2010 census. This property is available for both sale and lease, offering flexibility for potential buyers and tenants. The building's features include high visibility, strong traffic counts, and convenient access to major transportation routes. This is an exceptional opportunity to acquire a well-located retail space in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1968
    Construction WOOD
    Total area 3,806 SF
    Lot 0.14 ac (6,229 SF)
    APN 45-07-21-129-030.000-026
    UPID US31-0772320
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Tony Hobson · 7 yrs held
    Tony Hobson
    since 2018
    7 recorded transactions
    2022
    2019
    2018
    2016
    2007
    2006
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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