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    Property profile & analytics

    11 Locust St Poseyville, IN 47633

    • Turn key restaurants
    • 576 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 18, 2022
    Location Intelligence
    Property ID
    US31-2397046
    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

    • Turn key restaurants

    Property Details for 11 Locust St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.02 lot acres
    Property size
    576 SF
    Property type
    Turn key restaurants
    APN
    65-23-18-444-022.000-012
    APU
    652318444022000012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Poseyville
    County
    Posey
    State
    Indiana
    Longitude
    -87.7842
    Latitude
    38.1695
    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
    $610
    $3,800
    $18,700
    $22,500
    -
    $3,800
    $18,700
    $22,500

    Comparable in this City

    • Value Estimation
      $365,000
      3,362 SF

      14 Main St

      RESTAURANT • 3,362 SF
      14 Main St, Poseyville, IN 47633-9500
      View Details
    • Value Estimation
      $390,000
      12,724 SF

      6950 Frontage Rd

      RESTAURANT • 12,724 SF
      6950 Frontage Rd, Poseyville, IN 47633-8847
      View Details
    • Value Estimation
      $365,000
      1,680 SF

      14 Main St

      RESTAURANT • 1,680 SF
      14 Main St, Poseyville, IN 47633-9500
      View Details
    • Value Estimation by Request
      2,214 SF

      47 2nd Ave

      GYM, HEALTH SPA • 2,214 SF
      47 2nd Ave, Poseyville, IN 47633
      View Details
    • Value Estimation
      $345,000
      4,323 SF

      11 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,323 SF
      11 Main St, Poseyville, IN 47633
      View Details
    • Value Estimation
      $400,000
      5,760 SF

      160 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      160 Main St, Poseyville, IN 47633-9022
      View Details

    Similar Nearby for Sale

    • $399,000

      Land Near Interstate 64

      Land parcel near Interstate 64 and local businesses.
      6950 Frontage Rd, Poseyville, IN 47633
      View Details
    • $38,000

      Residential Land in Poseyville, IN

      Residential land available in Poseyville, Indiana.
      21 N Walker St, Poseyville, IN 47633
      View Details
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    11 Locust St
    Poseyville, IN 47633
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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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