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    316 Wood St Morristown, IN 46161

    • Mixed-use properties
    • 5,160 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 316 Wood St

    Year built
    1981
    Property size
    5,160 SF
    Property type
    Mixed-use properties
    Property subtype
    Land

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Shelby
    State
    Indiana
    Longitude
    -85.7051
    Latitude
    39.6758

    Comparable in this City

    • Value Estimation by Request
      89,452 SF

      487 Main St

      MANUFACTURING (LIGHT) • 89,452 SF
      487 Main St, Morristown, IN 46161-9745
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    • Value Estimation by Request
      1,530 SF

      10140 Blue Riv Rd

      INDUSTRIAL (GENERAL) • 1,530 SF
      10140 Blue Riv Rd, Morristown, IN 46161
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    • Value Estimation by Request
      9.36 Acres

      780 Industrial Dr

      INDUSTRIAL (GENERAL) • 9.36 Acres
      780 Industrial Dr, Morristown, IN 46161-9616
      View Details
    • Value Estimation
      $85,000
      3,600 SF

      444 En St

      INDUSTRIAL (GENERAL) • 3,600 SF
      444 En St, Morristown, IN 46161-9769
      View Details
    • Value Estimation by Request
      2.00 Acres

      805 Industrial Dr

      INDUSTRIAL (GENERAL) • 2.00 Acres
      805 Industrial Dr, Morristown, IN 46161-9658
      View Details
    • Value Estimation by Request
      1,712 SF

      404 Midway St

      INDUSTRIAL (GENERAL) • 1,712 SF
      404 Midway St, Morristown, IN 46161-4629
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      151,224 SF

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    • $440,000
      8.81 Acres

      Morristown Industrial Land For Sale

      8.81 acres of industrial land with a 5,160 SF building.
      316 Wood St, Morristown, IN 46161
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    • $6,200,000
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      155,000 SF Manufacturing Building

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    • $695,000
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      Versatile Commercial Shop with Storage

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      308 N Morrison St, Morristown, IN 46161
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    316 Wood St
    Morristown, IN 46161
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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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