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    Property profile & analytics

    1940 State Rd 57 Oakland City, IN 47660-8646

    • Outlet malls
    • 9,217 SF
    • 2.41 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 24, 2025
    Location Intelligence
    Property ID
    US31-1940492
    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

    • Outlet malls

    Property Details for 1940 State Rd 57

    Year built
    2009
    Construction
    STEEL FRAME
    Lot size
    2.41 lot acres
    Property size
    9,217 SF
    Property type
    Outlet malls
    APN
    26-13-24-100-001.537-006
    APU
    261324100001537006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakland City
    County
    Gibson
    State
    Indiana
    Longitude
    -87.3681
    Latitude
    38.3277
    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
    $13,154
    $46,500
    $608,100
    $654,600
    -
    $46,500
    $608,100
    $654,600

    Comparable in this City

    • Value Estimation
      $485,000
      16,368 SF

      1310 Morton St

      WHOLESALE OUTLET, DISCOUNT STORE • 16,368 SF
      1310 Morton St, Oakland City, IN 47660-7615
      View Details
    • Value Estimation by Request
      1,120 SF

      2043 State Rd 57

      CONVENIENCE STORE • 1,120 SF
      2043 State Rd 57, Oakland City, IN 47660-8666
      View Details
    • Value Estimation by Request
      768 SF

      716 Morton St

      Restaurants • 768 SF
      716 Morton St, Oakland City, IN 47660
      View Details
    • Value Estimation
      $140,000
      2,992 SF

      526 Morton St

      CONVENIENCE STORE • 2,992 SF
      526 Morton St, Oakland City, IN 47660-1637
      View Details
    • Value Estimation by Request
      2,392 SF

      3392 State Rd 57

      AUTO REPAIR, GARAGE • 2,392 SF
      3392 State Rd 57, Oakland City, IN 47660-8418
      View Details
    • Value Estimation
      $330,000
      1,944 SF

      143 Morton St

      RETAIL STORES (PERSONAL SERVICES) • 1,944 SF
      143 Morton St, Oakland City, IN 47660-1819
      View Details

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    Oakland City, IN 47660-8646
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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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