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    Property profile & analytics

    1212 Main St Auburn, IN 46706-1232

    • Office Properties & Spaces
    • 5,887 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US31-0827830
    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

    • Vision Source / Optometrist
    • Dr. Gary Scheumann, DDS, PC / Dentist
    • Vision Source Innovative Eye Care / Optometrist / Eye Care Center
    • Douglas C. Morrow, OD / Optometrist
    • Frye Michelle L OD / Optometrist

    Property Details for 1212 Main St

    Year built
    1987
    Construction
    WOOD
    Lot size
    0.19 lot acres
    Property size
    5,887 SF
    Property type
    Office Properties & Spaces
    APN
    17-06-29-180-001.000-025
    APU
    170629180001000025

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $340,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $285,000
      Mixed-Use
      $345,000
      Hospitality
      $280,000
      Educational
      $330,000
      Residential Income
      $275,000
      Energy
      $345,000
      Income-Based Land
      $360,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Dekalb
    State
    Indiana
    Longitude
    -85.0543
    Latitude
    41.3765
    CBSA code
    12140
    CBSA name
    AUBURN, 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
    $7,320
    $21,500
    $289,100
    $310,600
    -
    $21,500
    $289,100
    $310,600

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
      1,228 SF

      501 Main St

      OFFICE (GENERAL) • 1,228 SF
      501 Main St, Auburn, IN 46706-2372
      View Details
    • Value Estimation by Request
      864 SF

      6452 County Rd 35

      OFFICE (GENERAL) • 864 SF
      6452 County Rd 35, Auburn, IN 46706-9650
      View Details
    • Value Estimation by Request
      5,336 SF

      400 Erie Pass

      Office Properties & Spaces • 5,336 SF
      400 Erie Pass, Auburn, IN 46706
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      2,668 SF

      916 918th W 7th St

      OFFICE (GENERAL) • 2,668 SF
      916 918th W 7th St, Auburn, IN 46706
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    • Value Estimation by Request
      18,456 SF

      1700 7th St

      OFFICE (GENERAL) • 18,456 SF
      1700 7th St, Auburn, IN 46706-2531
      View Details

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      Downtown Auburn Mixed-Use Building

      Mixed-use commercial building in Auburn's Revitalization District.
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      Office condos for sale, ideal for growing businesses.
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    Similar Nearby for Lease

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      New 24,000 SF industrial building available for lease.
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    • Contact for pricing
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      Prime Retail/Office Location Available

      Build-to-suit lots in Auburn Shoppes with high visibility.
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      New Retail Space Available

      New construction retail space with customizable finishes and high traffic.
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    • $13 SF/Yr
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      Retail space in well-trafficked corridor near I-69 and major retailers.
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    1212 Main St
    Auburn, IN 46706-1232
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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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