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    1598 State Rd 1st 1 Cambridge City, IN 47327-9326

    • Grocery and convenience stores
    • 4,755 SF
    • 5.77 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 22, 2024
    Location Intelligence
    Property ID
    US31-1706492
    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

    • Grocery and convenience stores

    Property Details for 1598 State Rd 1st 1

    Year built
    1996
    Construction
    WOOD
    Lot size
    5.77 lot acres
    Property size
    4,755 SF
    Zone code
    ZO01
    Property type
    Grocery and convenience stores
    APN
    89-08-11-000-421.001-015
    APU
    890811000421001015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge City
    County
    Wayne
    State
    Indiana
    Longitude
    -85.1458
    Latitude
    39.8503
    CBSA code
    39980
    CBSA name
    RICHMOND, 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
    2022
    $20,632
    $545,600
    $251,200
    $796,800
    -
    $545,600
    $251,200
    $796,800

    Comparable in this City

    • Value Estimation by Request
      2,911 SF

      1589 State Rd 1st 1

      CONVENIENCE STORE • 2,911 SF
      1589 State Rd 1st 1, Cambridge City, IN 47327-9329
      View Details
    • Value Estimation by Request
      18,048 SF

      100 Foote St

      GROCERY, SUPERMARKET • 18,048 SF
      100 Foote St, Cambridge City, IN 47327-1104
      View Details
    • Value Estimation
      $2,430,000
      4,737 SF

      1375 State Rd 1st 1

      CONVENIENCE STORE • 4,737 SF
      1375 State Rd 1st 1, Cambridge City, IN 47327-9486
      View Details
    • Value Estimation
      $365,000
      2,204 SF

      2 Main St

      CONVENIENCE STORE • 2,204 SF
      2 Main St, Cambridge City, IN 47327-1216
      View Details
    • Value Estimation by Request
      2,150 SF

      115 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 2,150 SF
      115 Ctr St, Cambridge City, IN 47327-1203
      View Details
    • Value Estimation by Request
      2,270 SF

      20 Foote St

      RETAIL STORES (PERSONAL SERVICES) • 2,270 SF
      20 Foote St, Cambridge City, IN 47327-1623
      View Details

    Similar Nearby for Sale

    • $299,900
      6,000 SF

      Prime Cambridge City Office Building

      Historic Charm, Modern Updates, 6,000 SF
      1 Church St, Cambridge City, IN 47327
      View Details
    • $259,900
      6 SF

      Cambridge City Mixed-Use Property

      Mixed-use property in Cambridge City, Indiana.
      1 East Church St, Cambridge City, IN 47327
      View Details
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    1598 State Rd 1st 1
    Cambridge City, IN 47327-9326
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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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