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    Property profile & analytics

    711 Central Ave Connersville, IN 47331

    • Retail space
    • 6,914 SF
    • 0.10 lot acres
    For Lease
    View listing
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US31-0948715
    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

    • Retail space

    Property Details for 711 Central Ave

    Year built
    2000
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.10 lot acres
    Property size
    6,914 SF
    Property type
    Retail space
    APN
    21-05-24-424-005.000-003
    APU
    210524424005000003

    Description

    This exceptional 7,048-square-foot retail space is ideally situated at 711 N Central Avenue in Connersville, Indiana, within Fayette County. The property boasts a single-tenant occupancy, offering a blank canvas for a discerning business. The building sits on a sizable 0.82-acre lot (35,876 square feet), providing ample space and visibility. With 40 parking spaces, customer convenience is ensured. The property features expansive storefront windows, maximizing natural light and attracting pedestrian traffic. The interior offers a versatile layout, adaptable to a variety of retail or commercial uses, allowing for efficient floor planning and product displays. The modern amenities and professional exterior create a welcoming and dynamic environment. This prime location in Connersville offers excellent potential for high foot traffic and brand exposure, making it an ideal opportunity for businesses seeking a prominent and adaptable space to engage their target audience. The property is currently vacant, presenting a unique chance to establish a strong presence in a thriving community. The zip code is 47331.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $395,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $425,000
      Mixed-Use
      $385,000
      Hospitality
      $395,000
      Educational
      $480,000
      Residential Income
      $385,000
      Energy
      $480,000
      Income-Based Land
      $455,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Connersville
    County
    Fayette
    State
    Indiana
    Longitude
    -85.1379
    Latitude
    39.6438
    CBSA code
    18220
    CBSA name
    CONNERSVILLE, IN MICROPOLITAN 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
    2023
    $5,856
    $29,600
    $165,600
    $195,200
    -
    $29,600
    $165,600
    $195,200

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      919 Eastern Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.16 Acres
      919 Eastern Ave, Connersville, IN 47331
      View Details
    • Value Estimation by Request
      1,095 SF

      302 5th St

      RETAIL STORES (PERSONAL SERVICES) • 1,095 SF
      302 5th St, Connersville, IN 47331-1405
      View Details
    • Value Estimation by Request
      8,619 SF

      921 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,619 SF
      921 Central Ave, Connersville, IN 47331-2051
      View Details
    • Value Estimation by Request
      4,707 SF

      3210 Waterloo Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,707 SF
      3210 Waterloo Rd, Connersville, IN 47331-9709
      View Details
    • Value Estimation
      $325,000
      2,614 SF

      1224 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,614 SF
      1224 Grand Ave, Connersville, IN 47331-2139
      View Details
    • Value Estimation by Request
      12,399 SF

      3998 Western Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,399 SF
      3998 Western Ave, Connersville, IN 47331
      View Details

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      Connersville Office Building For Sale

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      Connersville Mixed-Use Property for Sale

      Mixed-use property in Connersville, Indiana, totaling 772 square feet.
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      Connersville Walmart-Adjacent Land

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    Similar Nearby for Lease

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      Connersville Office & Retail Space

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    • Contact for pricing
      7,048 SF

      Connersville Retail Space For Lease

      7,048 SF Retail Strip Center, High Visibility
      711 Central Ave, Connersville, IN 47331
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    • Contact for pricing
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      Eagle Creek Crossing Retail Space

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      Massive Industrial Space Available

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    Connersville, IN 47331
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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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