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    Property profile & analytics

    121 Morton St Oakland City, IN 47660-1819

    • Retail space
    • 14,513 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US31-2331794
    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

    • Rhonda's Beauty Nook / Beauty Salon

    Property Details for 121 Morton St

    Year built
    1972
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.89 lot acres
    Property size
    14,513 SF
    Property type
    Retail space
    APN
    26-14-19-102-000.915-007
    APU
    261419102000915007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakland City
    County
    Gibson
    State
    Indiana
    Longitude
    -87.3468
    Latitude
    38.3337
    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
    $7,170
    $31,700
    $207,300
    $239,000
    -
    $31,700
    $207,300
    $239,000

    Comparable in this City

    • Value Estimation
      $330,000
      1,944 SF

      143 Morton St

      RETAIL STORES (PERSONAL SERVICES) • 1,944 SF
      143 Morton St, Oakland City, IN 47660-1819
      View Details
    • Value Estimation by Request
      1,540 SF

      250 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,540 SF
      250 Main St, Oakland City, IN 47660-1330
      View Details
    • Value Estimation by Request
      768 SF

      416 Morton St

      RETAIL STORES (PERSONAL SERVICES) • 768 SF
      416 Morton St, Oakland City, IN 47660-8109
      View Details
    • Value Estimation by Request
      2,712 SF

      255 State Rd 57

      RETAIL STORES (PERSONAL SERVICES) • 2,712 SF
      255 State Rd 57, Oakland City, IN 47660
      View Details
    • Value Estimation by Request
      960 SF

      604 Morton St

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      604 Morton St, Oakland City, IN 47660-8106
      View Details
    • Value Estimation by Request
      840 SF

      126 Harrison St

      RETAIL STORES (PERSONAL SERVICES) • 840 SF
      126 Harrison St, Oakland City, IN 47660-1226
      View Details

    Similar Nearby for Sale

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    • $2,500,000

      Remodeled Income Producing Mixed-Use Property

      Newly remodeled mixed-use property with apartments, storage units, and urgent care.
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    Oakland City, IN 47660-1819
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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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