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Property profile & analytics

N Meridian St Portland, IN 47371

  • Commercial real estate
  • 6,150 SF
  • 3.16 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1570384
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

  • Commercial real estate

Property Details for N Meridian St

Year built
1963
Construction
TYPE NOT SPECIFIED
Lot size
3.16 lot acres
Property size
6,150 SF
Property type
Commercial real estate
APN
38-07-16-200-007.000-034
APU
380716200007000034

Description

This exceptional commercial property presents a compelling investment or owner-user opportunity in the thriving city of Portland, Indiana. Situated at 1609 N Meridian Street, this 6,150 square foot building sits on a 3.16-acre lot (APN: 38-07-16-200-007.000-034) and is currently vacant, offering immediate occupancy. Built in 1963, the single-story structure is classified as Class C and zoned HS Highway Service, making it suitable for a variety of uses including retail, service businesses, or office space. The property features a large overhead door and ample storage space, ideal for businesses requiring warehousing capabilities. The expansive lot includes approximately 1.53 acres of paved parking, providing convenient access and ample space for customers. An additional 1.29 acres of usable land offers potential for future expansion or development. The asking price is $395,000. This well-maintained building presents a rare opportunity to acquire a substantial property in a desirable location with high visibility and strong potential for growth. Don't miss this chance to secure a prime commercial asset in the heart of Portland.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Portland
County
Jay
State
Indiana
Longitude
-84.9774
Latitude
40.4496

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
$8,473
$144,100
$119,300
$263,400
-
$144,100
$119,300
$263,400
More about this property
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