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Property profile & analytics
FOR LEASE
Office Spaces

904 W Old Ridge Rd Hobart, IN 46342

7,279 SF 0.5 ac lot Built 1964
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US31-1057014
Property summary
AI-generated overview

This single-story, 7,279 square foot Class B office building, constructed in 1964, is situated on a 0.47-acre lot at the corner of W Old Ridge Road and N California Street in Hobart, Indiana. The property features a total of 25 parking spaces and is zoned OS-1. Currently, one suite of 620 square feet is available for lease, representing a portion of the building's total 3 suites. The minimum leasable space is 620 square feet, which is also the maximum contiguous space currently available. The building does not have elevators. Its convenient location offers excellent visibility, with pylon signage on W Old Ridge Road and proximity to Strack & Van Til grocery store. The property's address is 904 W Old Ridge Rd, Hobart, IN 46342. The building's location within the Chicagoland Metropolitan Area, approximately 31 miles southeast of Chicago, provides easy access to a large workforce and consumer base. The property's APN is 45-09-30-332-024.000-018.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1964
Construction WOOD
Total area 7,279 SF
Lot 0.5 ac (21,780 SF)
APN 45-09-30-332-024.000-018
UPID US31-1057014
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
  • Vinzant Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Trinity Solutions Security Service
  • Bridges To Learning Christian High School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cacus LLC · 3 yrs held
Cacus LLC
since 2023
6 recorded transactions
2026
Price N/A
2024
Price N/A
2023
Price N/A
2022
$300,000
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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