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    Property profile & analytics

    2 Main St Cambridge City, IN 47327-1116

    • Retail space
    • 2,112 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Mar 19, 2021
    Location Intelligence
    Property ID
    US31-1847383
    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

    • Retail space

    Property Details for 2 Main St

    Year built
    2021
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    2,112 SF
    Zone code
    ZO01
    Property type
    Retail space
    APN
    89-08-27-230-226.000-016
    APU
    890827230226000016

    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
    -85.1703
    Latitude
    39.8123
    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
    $9,076
    $20,900
    $260,500
    $281,400
    -
    $20,900
    $260,500
    $281,400

    Comparable in this City

    • 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
    • Value Estimation by Request
      15,858 SF

      1480 State Rd 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 15,858 SF
      1480 State Rd 1st 1, Cambridge City, IN 47327-9433
      View Details
    • Value Estimation
      $225,000
      10,602 SF

      125 Main St

      RETAIL STORES (PERSONAL SERVICES) • 10,602 SF
      125 Main St, Cambridge City, IN 47327-1119
      View Details
    • Value Estimation
      $245,000
      3,096 SF

      408 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,096 SF
      408 Main St, Cambridge City, IN 47327-1322
      View Details
    • Value Estimation
      $115,000
      1,224 SF

      1200 National Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,224 SF
      1200 National Rd, Cambridge City, IN 47327-9772
      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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    2 Main St
    Cambridge City, IN 47327-1116
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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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