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    1065 Development Dr Tipton, IN 46072-1070

    • Warehouses
    • 20,700 SF
    • 2.14 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US31-2292242
    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

    • CVS Services / Warehouse

    Property Details for 1065 Development Dr

    Year built
    2000
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.14 lot acres
    Property size
    20,700 SF
    Property type
    Warehouses
    APN
    80-11-02-513-029.000-002
    APU
    801102513029000002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tipton
    County
    Tipton
    State
    Indiana
    Longitude
    -86.0499
    Latitude
    40.2959
    CBSA code
    29020
    CBSA name
    KOKOMO, 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
    2023
    $6,831
    $38,600
    $189,100
    $227,700
    -
    $38,600
    $189,100
    $227,700

    Comparable in this City

    • Value Estimation by Request
      2,155 SF

      300 Erie St

      STORAGE YARD, OPEN STORAGE • 2,155 SF
      300 Erie St, Tipton, IN 46072-1300
      View Details
    • Value Estimation by Request
      10,509 SF

      750 Development Dr

      STORAGE YARD, OPEN STORAGE • 10,509 SF
      750 Development Dr, Tipton, IN 46072-1072
      View Details
    • Value Estimation
      $325,000
      2,400 SF

      209 12th Armstrong St, Unit 213

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      209 12th Armstrong St, Tipton, IN 46072-1418
      View Details
    • Value Estimation by Request
      25,515 SF

      555 Dearborn St

      STORAGE YARD, OPEN STORAGE • 25,515 SF
      555 Dearborn St, Tipton, IN 46072-1250
      View Details
    • Value Estimation
      $495,000
      9,600 SF

      875 Industrial Dr

      STORAGE YARD, OPEN STORAGE • 9,600 SF
      875 Industrial Dr, Tipton, IN 46072-1067
      View Details
    • Value Estimation
      $425,000
      3,200 SF

      Tipton, IN 46072

      STORAGE YARD, OPEN STORAGE • 3,200 SF
      Tipton, IN 46072
      View Details

    Similar Nearby for Sale

    • $1,650,000

      Tipton County Manufacturing Facility

      Large industrial facility in Tipton, Indiana, suitable for manufacturing.
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    • $3,600,000
      4.00 Acres

      In-28

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    • Contact for pricing
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    • Contact for pricing

      85 Acres Agricultural Land For Sale

      85 acres of agricultural land with highway frontage.
      W 600, Tipton, IN 46072
      View Details
    • New
      $35,000
      Pending

      Residential Land in Tipton County

      Residential land in Tipton, Indiana, bordered by farm fields.
      8762 W 400 South, Tipton, IN 46072
      View Details
    • $450,000
      10.00 Acres

      Tipton Land Ready For Development

      10 acres of land annexed into the city of Tipton.
      1030 E Jefferson St, Tipton, IN 46072
      View Details
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    Tipton, IN 46072-1070
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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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