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    Property profile & analytics

    125 2nd St Boonville, IN 47601-1568

    • Office Properties & Spaces
    • 4,284 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $40,000
    Last Sale
    Jul 22, 2020
    $45,000
    Location Intelligence
    Property ID
    US31-1926087
    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

    • Martin & Martin: Martin C Richard / Attorney
    • Remedy Center Cannabis & Smoke Shop / Vaporizer Store / Cannabis Store

    Property Details for 125 2nd St

    Year built
    1910
    Construction
    WOOD
    Lot size
    0.06 lot acres
    Property size
    4,284 SF
    Property type
    Office Properties & Spaces
    APN
    87-09-26-404-183.000-003
    APU
    870926404183000003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Boonville
    County
    Warrick
    State
    Indiana
    Longitude
    -87.2759
    Latitude
    38.0494
    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
    $1,477
    $11,300
    $43,400
    $54,700
    -
    $11,300
    $43,400
    $54,700

    Comparable in this City

    • Value Estimation by Request
      1,670 SF

      210 3rd St

      OFFICE (GENERAL) • 1,670 SF
      210 3rd St, Boonville, IN 47601-1722
      View Details
    • Value Estimation by Request
      1,330 SF

      113 Main St

      OFFICE (GENERAL) • 1,330 SF
      113 Main St, Boonville, IN 47601-1648
      View Details
    • Value Estimation by Request
      28,812 SF

      107 Locust St

      OFFICE (GENERAL) • 28,812 SF
      107 Locust St, Boonville, IN 47601-1594
      View Details
    • Value Estimation by Request
      6,524 SF

      Locust St

      OFFICE (GENERAL) • 6,524 SF
      Locust St, Boonville, IN 47601
      View Details
    • Value Estimation
      $335,000
      1,600 SF

      1111 Main St

      OFFICE (GENERAL) • 1,600 SF
      1111 Main St, Boonville, IN 47601-2415
      View Details
    • Value Estimation
      $315,000
      3,516 SF

      501 Main St

      OFFICE (GENERAL) • 3,516 SF
      501 Main St, Boonville, IN 47601-3036
      View Details

    Similar Nearby for Sale

    • $399,900
      0.70 Acres

      Boonville Commercial Building Opportunity

      Prime location, versatile space, new utilities.
      599 State Route 62, Boonville, IN 47601
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    • $295,000
      Pending

      85 Acres Recreational Land, Warrick County

      85 acre recreational property perfect for hunting, fishing, and camping.
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    • $500,000
      10,330 SF

      Retail Property in Boonville

      Retail property for sale located on the main road.
      310 E Locust St, Boonville, IN 47601
      View Details
    • Contact for pricing
      Pending

      17.4 Acres Wooded Land, Pond

      17.4 acre wooded tract with pond, suitable for recreation.
      4311 Polk Rd, Boonville, IN 47601
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    • Contact for pricing
      Pending

      21.95 Acres Wooded Residential Land

      21.95 acre wooded tract suitable for hunting and recreation.
      E Shelton Rd, Boonville, IN 47601
      View Details
    • $500,000
      10,330 SF

      310 E Locust St

      Individual retail properties • 10,330 SF
      310 Locust St, Boonville, IN 47601
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      90,000 SF

      Boonville Shopping Center Investment

      High-traffic retail center, multiple spaces available.
      802 Main St, Boonville, IN 47601
      View Details
    • $5 SF/Yr
      3,229 SF

      Retail Space in Boonville Center

      Retail space available in Boonville Shopping Center.
      804 West Main St, Boonville, IN 47601
      View Details
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    125 2nd St
    Boonville, IN 47601-1568
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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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