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    Property profile & analytics

    1230 Race St Princeton, IN 47670-3034

    • Manufacturing properties
    • 110,782 SF
    • 9.43 lot acres
    OFF-MARKET
    Value Estimation
    $955,000
    Location Intelligence
    Property ID
    US31-2199120
    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

    • Mid-States Rubber Products Inc / Rubber Products Supplier

    Property Details for 1230 Race St

    Year built
    1931
    Construction
    TYPE NOT SPECIFIED
    Lot size
    9.43 lot acres
    Property size
    110,782 SF
    Property type
    Manufacturing properties
    APN
    26-12-18-204-001.752-028
    APU
    261218204001752028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $915,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,190,000
      6.5%
      $1,155,000
      7%
      $1,055,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,205,000
      Geo Method
      $1,220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,315,000
      Retail
      $1,085,000
      Mixed-Use
      $1,305,000
      Hospitality
      $1,190,000
      Educational
      $1,330,000
      Residential Income
      $1,060,000
      Energy
      $1,060,000
      Income-Based Land
      $1,265,000
      Food Service
      $1,005,000

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.5612
    Latitude
    38.343
    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
    $29,103
    $92,700
    $877,400
    $970,100
    -
    $92,700
    $877,400
    $970,100

    Comparable in this City

    • Value Estimation by Request
      135,600 SF

      825 350th S

      MANUFACTURING (LIGHT) • 135,600 SF
      825 350th S, Princeton, IN 47670-9222
      View Details
    • Value Estimation
      $475,000
      2,400 SF

      4207 State Rd 64

      MANUFACTURING (LIGHT) • 2,400 SF
      4207 State Rd 64, Princeton, IN 47670-8445
      View Details
    • Value Estimation by Request
      222,044 SF

      1698 100th W

      MANUFACTURING (LIGHT) • 222,044 SF
      1698 100th W, Princeton, IN 47670-9351
      View Details
    • Value Estimation
      $680,000
      21,307 SF

      3010 Old Us Hwy 41

      MANUFACTURING (LIGHT) • 21,307 SF
      3010 Old Us Hwy 41, Princeton, IN 47670-9206
      View Details
    • Value Estimation by Request
      287,746 SF

      733 150th S

      MANUFACTURING (LIGHT) • 287,746 SF
      733 150th S, Princeton, IN 47670-9309
      View Details
    • Value Estimation by Request
      3,840 SF

      1992 100th W

      MANUFACTURING (LIGHT) • 3,840 SF
      1992 100th W, Princeton, IN 47670-9348
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      954,230 SF

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      954,230 SF portfolio of 10 light manufacturing, warehouse, distribution.
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      40.00 Acres

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      Prime Industrial/Commercial Land - Shovel Ready Site
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      Princeton Commercial Land - $99,900

      Prime 1.04-acre commercial lot in Princeton, IN.
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      Residential Land in Northbrook Hills

      Residential land for sale in Princeton, Indiana's Northbrook Hills.
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      Princeton Commercial Land For Development

      2 acre commercial land parcel prime for development in Princeton.
      50 W 50 S, Princeton, IN 47670
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      Princeton Commercial Land For Sale

      Commercial land available in established Princeton subdivision.
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    Similar Nearby for Lease

    • $4 SF/Yr
      49,700 SF

      Princeton Warehouse, Manufacturing, or Assembly

      49,700 SF available for lease in Princeton, Indiana.
      901 S 1St St, Princeton, IN 47670
      View Details
    • Contact for pricing
      3,200 SF

      Princeton Flex Space For Rent

      Flex space available for rent with shop and office areas.
      402 South Richland Creek Dr, Princeton, IN 47670
      View Details
    • Contact for pricing

      Commercial Land in Princeton, IN

      Dominant shopping center location at Hwy 41 and S.R. 64.
      2819 W Broadway St, Princeton, IN 47670
      View Details
    • Contact for pricing
      99,454 SF

      West Broadway Retail Center

      Princeton, IN Strip Mall - Spaces Available
      1500 Broadway St, Princeton, IN 47670
      View Details
    • $30 SF/Yr
      3,832 SF

      Princeton Retail Property: Lease/Ground Lease Opportunity

      3,832 SF Restaurant, High Traffic Location
      2825 Broadway St, Princeton, IN 47670
      View Details
    • $850 /Mo
      900 SF

      Princeton Office Space For Rent

      Office space for rent located on Hart Street in Princeton.
      220 N Hart St, Princeton, IN 47670
      View Details
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    1230 Race St
    Princeton, IN 47670-3034
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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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