8845 Kennedy Ave Highland, IN 46322-1908
Property profile & analytics
8845 Kennedy Ave Highland, IN 46322-1908
- Retail space
- 10,080 SF
- 0.90 lot acres
Property ID
US31-3237925
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 8845 Kennedy Ave
- Year built
- 2017
- Construction
- WOOD
- Lot size
- 0.90 lot acres
- Property size
- 10,080 SF
- Property type
- Retail space
- APN
- 45-07-21-453-031.000-026
- APU
- 450721453031000026
Description
This exceptional Class A office space, totaling 2,446 square feet, is ideally situated on Kennedy Avenue in Highland, Indiana, offering unparalleled visibility and accessibility. Located on the east side of Kennedy Avenue, just 0.2 miles south of downtown Highland and minutes from the I-80/94 interchange, this second-floor space provides convenient access for clients and employees. The building, constructed in 2016, boasts a total of 4,892 square feet across two stories, with one elevator serving both floors. The property includes 51 parking spaces, ensuring ample parking for tenants and visitors. This single-tenant space is located above Vyto's Pharmacy, benefiting from the established presence and foot traffic of a neighboring business. The building is zoned B-2 and sits on a 0.96-acre lot (APN: 45-07-21-453-031.000-026). This prime location within the thriving Highland community, part of the Chicago metropolitan area, presents a unique opportunity for businesses seeking a high-profile presence in a rapidly growing market. The property's modern design and amenities, combined with its strategic location, make it an attractive option for a variety of businesses, including medical offices and traditional office spaces. Aggressive lease rates are available for this Class A space.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,620,000
- 6.5%
- $1,495,000
- 7%
- $1,390,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,208,000
- AI Estimate
- $881,000
Market price range: $365k - $1.21MMarket price range: $407k - $881k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $765,000 Current use
- WAREHOUSE, STORAGE
- $750,000 Change: -2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Highland
- County
- Lake
- State
- Indiana
- Longitude
- -87.4612
- Latitude
- 41.553
- 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
$3,695
$120,000
$1,285,900
$1,405,900
-
$120,000
$1,285,900
$1,405,900
