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    Property profile & analytics

    116 Commerce St Brownstown, IN 47220

    • Retail space
    • 10,125 SF
    • 1.74 lot acres
    OFF-MARKET
    Value Estimation
    $615,000
    Last Sale
    Oct 10, 2023
    Location Intelligence
    Property ID
    US31-2318337
    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

    • Retail space

    Property Details for 116 Commerce St

    Year built
    2004
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.74 lot acres
    Property size
    10,125 SF
    Property type
    Retail space
    APN
    36-54-14-103-005.000-002
    APU
    365414103005000002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brownstown
    County
    Jackson
    State
    Indiana
    Longitude
    -86.043
    Latitude
    38.8758
    CBSA code
    42980
    CBSA name
    SEYMOUR, IN MICROPOLITAN 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
    $19,458
    $121,100
    $594,300
    $715,400
    -
    $121,100
    $594,300
    $715,400

    Comparable in this City

    • Value Estimation
      $130,000
      2,720 SF

      216 Commerce St

      RETAIL STORES (PERSONAL SERVICES) • 2,720 SF
      216 Commerce St, Brownstown, IN 47220-1906
      View Details
    • Value Estimation
      $415,000
      7,440 SF

      810 Commerce St

      RETAIL STORES (PERSONAL SERVICES) • 7,440 SF
      810 Commerce St, Brownstown, IN 47220-1200
      View Details
    • Value Estimation
      $470,000
      2,848 SF

      1509 State Rd 135

      RETAIL STORES (PERSONAL SERVICES) • 2,848 SF
      1509 State Rd 135, Brownstown, IN 47220-9572
      View Details
    • Value Estimation
      $330,000
      400 SF

      1101 Commerce St

      RETAIL STORES (PERSONAL SERVICES) • 400 SF
      1101 Commerce St, Brownstown, IN 47220-1707
      View Details
    • Value Estimation by Request
      5,120 SF

      709 Brg St

      RETAIL STORES (PERSONAL SERVICES) • 5,120 SF
      709 Brg St, Brownstown, IN 47220-1239
      View Details
    • Value Estimation
      $480,000
      7,225 SF

      701 Commerce St

      RETAIL STORES (PERSONAL SERVICES) • 7,225 SF
      701 Commerce St, Brownstown, IN 47220-1201
      View Details

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    116 Commerce St
    Brownstown, IN 47220
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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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