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    Property profile & analytics

    8740 Indianapolis Blvd Highland, IN 46322-1550

    • Auto shops
    • 2,688 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Last Sale
    May 04, 2021
    Location Intelligence
    Property ID
    US31-2253864
    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

    • Auto shops

    Property Details for 8740 Indianapolis Blvd

    Year built
    1985
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.36 lot acres
    Property size
    2,688 SF
    Property type
    Auto shops
    APN
    45-07-20-480-007.000-026
    APU
    450720480007000026

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Lake
    State
    Indiana
    Longitude
    -87.4718
    Latitude
    41.5544
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    2022
    $12,306
    $153,300
    $175,800
    $329,100
    -
    $153,300
    $175,800
    $329,100

    Comparable in this City

    • Value Estimation by Request
      4,380 SF

      2605 Garfield Ave

      AUTO REPAIR, GARAGE • 4,380 SF
      2605 Garfield Ave, Highland, IN 46322-1609
      View Details
    • Value Estimation
      $350,000
      1,736 SF

      3201 45th St

      AUTO REPAIR, GARAGE • 1,736 SF
      3201 45th St, Highland, IN 46322-3208
      View Details
    • Value Estimation
      $320,000
      3,520 SF

      3843 Rdg Rd

      AUTO REPAIR, GARAGE • 3,520 SF
      3843 Rdg Rd, Highland, IN 46322-2256
      View Details
    • Value Estimation
      $355,000
      8,000 SF

      9938 Expy Dr

      AUTO REPAIR, GARAGE • 8,000 SF
      9938 Expy Dr, Highland, IN 46322-2609
      View Details
    • Value Estimation
      $370,000
      10,000 SF

      10031 Expy Dr

      AUTO REPAIR, GARAGE • 10,000 SF
      10031 Expy Dr, Highland, IN 46322-2611
      View Details
    • Value Estimation
      $305,000
      3,708 SF

      2943 Hwy Ave

      AUTO REPAIR, GARAGE • 3,708 SF
      2943 Hwy Ave, Highland, IN 46322-1632
      View Details

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    Similar Nearby for Lease

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      2,414 SF

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      Prime Highland location, renovated office space.
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      Prime Highland, IN retail space available.
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      Warehouse space with drive-in door in growing Munster area.
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    • Contact for pricing
      15,029 SF

      Boulevard Commons Retail Space

      High-traffic retail center, Schererville, IN
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    • $6,666 /Mo
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      Highland Retail/Office Space Available

      Multi-tenant retail/office building with customizable suites in Highland, Indiana.
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    • Contact for pricing
      7,045 SF

      Highland Retail Center Opportunity

      Prime Highland retail space; 5,666 sq ft available.
      2939 45 St, Highland, IN 46322
      View Details
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    8740 Indianapolis Blvd
    Highland, IN 46322-1550
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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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