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    Property profile & analytics

    201 Jeans Dr Salem, IN 47167-9200

    • Manufacturing properties
    • 50,201 SF
    • 29.75 lot acres
    OFF-MARKET
    Value Estimation
    $960,000
    Location Intelligence
    Property ID
    US31-1839186
    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

    • Activate Healthcare / Medical Clinic
    • Burks Maria P / Counselor / Doctor
    • Awareness Washington County / County Government Office
    • Jean's Extrusions / Plastic Fabrication Company
    • Everside Health, Salem IN - Jeans Dr. / Medical Center / Community Health Centre

    Property Details for 201 Jeans Dr

    Year built
    1950
    Construction
    TYPE NOT SPECIFIED
    Lot size
    29.75 lot acres
    Property size
    50,201 SF
    Property type
    Manufacturing properties
    APN
    88-23-13-000-059.000-022
    APU
    882313000059000022

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $890,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,265,000
      6.5%
      $1,325,000
      7%
      $1,285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,190,000
      Geo Method
      $1,380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,165,000
      Retail
      $1,425,000
      Mixed-Use
      $1,230,000
      Hospitality
      $1,330,000
      Educational
      $1,400,000
      Residential Income
      $1,335,000
      Energy
      $1,210,000
      Income-Based Land
      $1,360,000
      Food Service
      $1,320,000

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Washington
    State
    Indiana
    Longitude
    -86.1248
    Latitude
    38.6041
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN 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
    $26,754
    $72,300
    $819,500
    $891,800
    -
    $72,300
    $819,500
    $891,800

    Comparable in this City

    • Value Estimation by Request
      332,808 SF

      200 Kimball Blvd

      MANUFACTURING (LIGHT) • 332,808 SF
      200 Kimball Blvd, Salem, IN 47167-9682
      View Details
    • Value Estimation
      $645,000
      17,280 SF

      5882 Becks Ml Rd

      MANUFACTURING (LIGHT) • 17,280 SF
      5882 Becks Ml Rd, Salem, IN 47167-8148
      View Details
    • Value Estimation by Request
      237,887 SF

      198 Imperial Dr

      MANUFACTURING (LIGHT) • 237,887 SF
      198 Imperial Dr, Salem, IN 47167-6604
      View Details
    • Value Estimation
      $215,000
      7,808 SF

      1302 Hackberry St

      MANUFACTURING (LIGHT) • 7,808 SF
      1302 Hackberry St, Salem, IN 47167-9604
      View Details
    • Value Estimation
      $470,000
      9,414 SF

      3967 Sullivan Ln

      MANUFACTURING (LIGHT) • 9,414 SF
      3967 Sullivan Ln, Salem, IN 47167-7724
      View Details
    • Value Estimation
      $1,060,000
      207,675 SF

      1555 Jackson St

      MANUFACTURING (LIGHT) • 207,675 SF
      1555 Jackson St, Salem, IN 47167-9189
      View Details

    Similar Nearby for Sale

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      Spacious building, ample parking, great location.
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      Prime Salem Retail Space - High Visibility

      Large commercial property, multiple buildings, high traffic area.
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      Bank-ready office space, updated & secure.
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    Salem, IN 47167-9200
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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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