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    Property profile & analytics

    112 Carolyn Ave Georgetown, IN 47122

    • Commercial real estate
    • 738 SF
    • 0.16 lot acres
    For Sale
    View listing
    $285,000
    Value Estimation
    Location Intelligence
    Property ID
    US31-2310373
    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 real estate

    Property Details for 112 Carolyn Ave

    Year built
    1930
    Lot size
    0.16 lot acres
    Property size
    738 SF
    Property type
    Commercial real estate

    Description

    This exceptional 738 square foot property, situated on a 0.16-acre lot at 112 Carolyn Avenue in Georgetown, Indiana, presents a compelling opportunity for commercial development. Its strategic location offers convenient access to key amenities, residential areas, and major transportation routes, ensuring high visibility and accessibility for any business. The property's size provides ample space for a variety of commercial ventures, making it ideal for entrepreneurs seeking to establish a presence in a thriving community. The address is 112 Carolyn Ave, Georgetown, IN 47122. This site is poised for growth and success, presenting a unique chance to capitalize on the area's expanding market. While the property's commercial potential is significant, it's important to note that any commercial development is subject to zoning approval. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations and development possibilities. This property is ready for your vision

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Floyd
    State
    Indiana
    Longitude
    -85.90955
    Latitude
    38.28396

    Comparable in this City

    • $275,000
      1.24 Acres

      Georgetown Commercial Land Investment

      High-traffic lot, prime location.
      Lot #4 Copperfield Dr, Georgetown, IN 47122
      View Details
    • $500,000
      992 SF

      Georgetown Commercial Development Site

      Prime location, high growth potential.
      110 Carolyn Ave, Georgetown, IN 47122
      View Details
    • $205,000
      1.00 Acre

      Georgetown Commercial Land Investment

      High-traffic lot, prime location.
      Lot #5 Copperfield Dr, Georgetown, IN 47122
      View Details
    • $590,000
      3.19 Acres

      Georgetown Commercial Land Investment

      High-traffic, 3-acre commercial lots
      Lot #4 #5 #6 Copperfield Dr, Georgetown, IN 47122
      View Details
    • $195,000
      0.95 Acres

      Georgetown Commercial Land Investment

      High-traffic lot, prime location.
      Lot #6 Copperfield Dr, Georgetown, IN 47122
      View Details
    • $499,000
      1.41 Acres

      Georgetown Commercial Corner Lot

      High-visibility I-64 corner lot, great growth potential.
      991 Knable Rd, Georgetown, IN 47122
      View Details

    Similar Nearby for Sale

    • $500,000
      6.41 Acres

      High-Visibility Georgetown Commercial Land

      I-64 Frontage, 6.41 Acres, High Traffic
      Knable Rd, Georgetown, IN 47122
      View Details
    • $195,000
      0.95 Acres

      Georgetown Commercial Land Investment

      High-traffic lot, prime location.
      Lot #6 Copperfield Dr, Georgetown, IN 47122
      View Details
    • $499,000
      1.41 Acres

      Georgetown Commercial Corner Lot

      High-visibility I-64 corner lot, great growth potential.
      991 Knable Rd, Georgetown, IN 47122
      View Details
    • $205,000
      1.00 Acre

      Georgetown Commercial Land Investment

      High-traffic lot, prime location.
      Lot #5 Copperfield Dr, Georgetown, IN 47122
      View Details
    • $590,000
      3.19 Acres

      Georgetown Commercial Land Investment

      High-traffic, 3-acre commercial lots
      Lot #4 #5 #6 Copperfield Dr, Georgetown, IN 47122
      View Details
    • $275,000
      1.24 Acres

      Georgetown Commercial Land Investment

      High-traffic lot, prime location.
      Lot #4 Copperfield Dr, Georgetown, IN 47122
      View Details
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    112 Carolyn Ave
    Georgetown, IN 47122
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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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