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    6131 Mill Rd Rockville, IN 47872

    For Sale
    $225,000

    electrical

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    49x24 lean-to addition

    Property Features for 6131 Mill Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,614 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Hotel & Motel Cafe & Coffee Shop Bed & Breakfast Breakfast Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Parke
    State
    Indiana
    Longitude
    -87.10249
    Latitude
    39.67609

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      Tranquil 6-acre property in Parke County with Raccoon Creek views.
      3840 S 130 E, Rockville, IN 47872
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      Greencastle Farm Land Opportunity

      27+/- acres with building spots, homestead or development potential.
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    FAQs

    What type of property is this?
    Commercial real estate - electrical
    Where is this commercial real estate located?
    The property is located at 6131 Mill Rd Rockville, IN.
    What is the asking price?
    The asking price for this property is $225,000.
    (812) 814-9103
    Request Owner's contact information
    6131 Mill Rd Rockville, IN 47872
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    Rockville, IN 47872
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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
    6131 Mill Rd Rockville, IN 47872
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