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    Property profile & analytics

    1116 Millis Ave Boonville, IN 47601-2242

    • Medical offices
    • 75,712 SF
    • 5.84 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2075950
    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

    • Ascension Medical Group - St. Vincent - Warrick Urology / Urologist / Medical Clinic
    • Tri-State Ear Nose And Throat Sgn / Otolaryngologist
    • Tri-State Ear Nose & Throat: Shinabarger Curtis E MD / Otolaryngologist
    • WIC / Social Services Organization
    • Ascension Medical Group - St. Vincent - Warrick Primary Care / Medical Clinic / General Practitioner

    Property Details for 1116 Millis Ave

    Year built
    1976
    Construction
    STEEL FRAME
    Lot size
    5.84 lot acres
    Property size
    75,712 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    87-09-36-100-265.000-003
    APU
    870936100265000003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boonville
    County
    Warrick
    State
    Indiana
    Longitude
    -87.2628
    Latitude
    38.042
    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
    $11,566
    $211,800
    $12,639,600
    $12,851,400
    -
    $211,800
    $12,639,600
    $12,851,400

    Comparable in this City

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    • Value Estimation by Request
      12,000 SF

      3355 Liberty Blvd

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      3355 Liberty Blvd, Boonville, IN 47601-9672
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    • Value Estimation
      $205,000
      1,792 SF

      1125 Walnut St

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      1125 Walnut St, Boonville, IN 47601-2451
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    • Value Estimation
      $320,000
      1,380 SF

      423 Locust St

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      423 Locust St, Boonville, IN 47601-1525
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    • Value Estimation
      $345,000
      3,864 SF

      Ww Locust St

      MEDICAL BUILDING • 3,864 SF
      Ww Locust St, Boonville, IN 47601-1594
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    • Value Estimation
      $355,000
      5,440 SF

      800 Ofc Park Dr

      MEDICAL BUILDING • 5,440 SF
      800 Ofc Park Dr, Boonville, IN 47601-8601
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      90,000 SF

      Boonville Shopping Center Investment

      High-traffic retail center, multiple spaces available.
      802 Main St, Boonville, IN 47601
      View Details
    • $5 SF/Yr
      3,229 SF

      Retail Space in Boonville Center

      Retail space available in Boonville Shopping Center.
      804 West Main St, Boonville, IN 47601
      View Details

    Property Visit Statistics

    • Visits by month
      20.2k
    • Visitors by month
      10.4k
    • Avg Time on site
      6 min
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    1116 Millis Ave
    Boonville, IN 47601-2242
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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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