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    529 Section St Sullivan, IN 47882

    • Commercial land
    • 0.20 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US31-2666887
    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

    • Commercial land

    Property Details for 529 Section St

    Lot size
    0.20 lot acres
    Property type
    Commercial land
    APN
    77-07-27-333-129.000-012
    APU
    770727333129000012

    Description

    This exceptional commercial property at 529 North Section Street in Sullivan, Indiana, presents a unique leasing opportunity. The building, totaling 4,322 square feet, offers a versatile layout ideal for various retail or commercial uses. Currently, 2,722 square feet of space is available for lease within this multi-tenant building. The property features a contemporary design with large storefront windows, ensuring high visibility and attracting potential customers. Ample parking is available for tenants and their clients. The property sits on a 0.34-acre lot (14,933 square feet), providing ample space and convenient access. Its strategic location within Sullivan's commercial district guarantees high traffic and exposure, making it an attractive option for businesses seeking a dynamic presence in the community. The property is categorized as Retail, Office, and Executive Office, offering flexibility for a range of business types. This is a chance to establish or expand your business in a thriving Indiana community with professional property management ensuring operational efficiency. The property's modern amenities and prime location combine to create an exceptional opportunity for growth and success. Contact us today to learn more about this outstanding leasing opportunity.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sullivan
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.4091
    Latitude
    39.1007
    CBSA code
    45460
    CBSA name
    TERRE HAUTE, IN 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
    $756
    $25,200
    $0.00
    $25,200
    -
    $25,200
    $0.00
    $25,200

    Comparable in this City

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      0.24 Acres

      Rr

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      3.00 Acres

      Land County Rd 100th N

      VACANT COMMERCIAL LAND • 3.00 Acres
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    • Value Estimation by Request
      6.00 Acres

      Land County Rd 250th S

      VACANT COMMERCIAL LAND • 6.00 Acres
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      0.40 Acres

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    Similar Nearby for Lease

    • $1,250 /Mo
      5,227 SF

      Downtown Sullivan Retail/Service Space

      Retail or service space in downtown Sullivan, Indiana.
      20 W Washington St, Sullivan, IN 47882
      View Details
    • Contact for pricing
      4,322 SF

      Sullivan, IN Executive Office Space

      Prime Sullivan location, 2722 sq ft available
      529 Section St, Sullivan, IN 47882
      View Details
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    529 Section St
    Sullivan, IN 47882
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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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