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Property profile & analytics

101 3rd St Boonville, IN 47601-1508

  • Retail space
  • 5,175 SF
  • 0.08 lot acres
OFF-MARKET
Value Estimations
$290,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-2314170
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

  • SassaFrassy's / Antique Store / Gift Shop

Property Details for 101 3rd St

Year built
1901
Construction
WOOD
Lot size
0.08 lot acres
Property size
5,175 SF
Property type
Retail space
APN
87-09-26-404-111.000-003
APU
870926404111000003

Description

This exceptional property, located at 101 N 3rd Street in the heart of Boonville, Indiana, presents a unique investment opportunity. The two-story brick building boasts approximately 4,700 square feet of commercial space, currently configured as retail. Large, inviting front windows flood the interior with natural light. The ground floor features a functional garage door, adding versatility for various business uses. A mezzanine level provides additional retail space, expanding the overall usable area. The building's historical charm is complemented by recent updates throughout. Adding to its appeal is a completely renovated, approximately 2,025 square foot, three-bedroom, two-bathroom apartment. This residential unit offers a private entrance and stunning city views, complete with modern appliances. The apartment is a separate income-generating opportunity or could serve as owner-occupied space. The 0.08-acre lot provides ample space for the building and offers convenient access to the town square. The property is being offered in "AS IS" condition. A detailed list of recent building updates is available upon request. This mixed-use property is ideal for an investor seeking a blend of commercial and residential income streams in a desirable downtown location. The building's history, combined with its modern updates, creates a truly unique and attractive investment opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $290,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $273,000
    Market price range: $159k - $514k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Boonville
County
Warrick
State
Indiana
Longitude
-87.274
Latitude
38.0501
CBSA code
21780
CBSA name
EVANSVILLE, IN-KY 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
2023
$3,825
$14,400
$124,700
$139,100
-
$14,400
$124,700
$139,100
More about this property
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