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    Property profile & analytics

    1203 Broadway St Princeton, IN 47670-1137

    • Hotels
    • 6,358 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    May 24, 2023
    Location Intelligence
    Property ID
    US31-2318122
    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

    • Bunkhouse Inn / Motel

    Property Details for 1203 Broadway St

    Year built
    1979
    Construction
    WOOD
    Lot size
    1.30 lot acres
    Property size
    6,358 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    26-11-12-401-001.862-028
    APU
    261112401001862028

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.58
    Latitude
    38.3539
    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
    $4,926
    $70,000
    $94,200
    $164,200
    -
    $70,000
    $94,200
    $164,200

    Comparable in this City

    • Value Estimation by Request
      37,791 SF

      2828 Dixon St

      HOTEL/MOTEL • 37,791 SF
      2828 Dixon St, Princeton, IN 47670-9422
      View Details
    • Value Estimation by Request
      53,241 SF

      107 Richland Crk Dr

      HOTEL/MOTEL • 53,241 SF
      107 Richland Crk Dr, Princeton, IN 47670-9508
      View Details
    • Value Estimation
      $375,000
      600 SF

      White Church Rd

      HOTEL/MOTEL • 600 SF
      White Church Rd, Princeton, IN 47670
      View Details
    • Value Estimation by Request
      768 SF

      800 Stout St

      HOTEL/MOTEL • 768 SF
      800 Stout St, Princeton, IN 47670
      View Details
    • Value Estimation
      $900,000
      58,260 SF

      2110 Broadway St

      HOTEL/MOTEL • 58,260 SF
      2110 Broadway St, Princeton, IN 47670-1085
      View Details
    • Value Estimation by Request
      1.50 Acres

      Indiana St

      COMMERCIAL (GENERAL) • 1.50 Acres
      Indiana St, Princeton, IN 47670
      View Details

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    Similar Nearby for Lease

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      Commercial Land in Princeton, IN

      Dominant shopping center location at Hwy 41 and S.R. 64.
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      2,800 SF

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      Dominant shopping center with stoplight access at major intersection.
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      View Details
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    1203 Broadway St
    Princeton, IN 47670-1137
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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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