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    Property profile & analytics

    204 3Rd St Brookston, IN 47923

    • Retail space
    • 3,456 SF
    • 0.09 lot acres
    For Lease
    View listing
    $8 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US31-1936139
    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 204 3Rd St

    Year built
    1934
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    3,456 SF
    Property type
    Retail space
    APN
    91-54-22-000-043.001-016
    APU
    915422000043001016

    Description

    This exceptional commercial property, located at 204-206 E Third Street in Brookston, Indiana, presents a rare opportunity for retail businesses seeking versatile space. Situated in White County, this property offers two available retail spaces within a larger building, totaling four suites in all. The available spaces range in size from a generous 1,074 square feet to a substantial 2,516 square feet, providing flexibility for various business needs. The building itself boasts an attractive industrial style, making it suitable for a range of uses, including retail, office, or even light industrial operations. The property's location in Brookston, Indiana, 47923, offers excellent visibility and accessibility for customers. The property is classified as both retail and land, suggesting potential for expansion or further development. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving community. The multiple tenancy structure allows for diverse business combinations within the building. With its adaptable design and prime location, this property is poised for success. Contact us today to learn more about this exciting opportunity and schedule a viewing.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookston
    County
    White
    State
    Indiana
    Longitude
    -86.8661
    Latitude
    40.6029

    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
    $804
    $18,200
    $22,300
    $40,500
    -
    $18,200
    $22,300
    $40,500

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      117 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      117 3rd St, Brookston, IN 47923
      View Details
    • Value Estimation by Request
      1,368 SF

      210 Pr St

      RETAIL STORES (PERSONAL SERVICES) • 1,368 SF
      210 Pr St, Brookston, IN 47923
      View Details
    • Value Estimation by Request
      720 SF

      314 State Rd 43

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      314 State Rd 43, Brookston, IN 47923-8080
      View Details
    • Value Estimation by Request
      1,840 SF

      305 State Rd 43

      RETAIL STORES (PERSONAL SERVICES) • 1,840 SF
      305 State Rd 43, Brookston, IN 47923
      View Details
    • Value Estimation
      $355,000
      2,380 SF

      103 Pr St

      RETAIL STORES (PERSONAL SERVICES) • 2,380 SF
      103 Pr St, Brookston, IN 47923-8157
      View Details
    • Value Estimation by Request
      1,760 SF

      109 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
      109 3rd St, Brookston, IN 47923
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      3,590 SF

      Brookston Retail Spaces Available

      Prime Retail Space, Two Units Available
      204 3Rd St, Brookston, IN 47923
      View Details
    • $8 SF/Yr
      2,516 SF

      Brookston Warehouse Space for Lease

      Versatile warehouse space ideal for industrial and distribution tenants.
      204-206 E 3Rd St, Brookston, IN 47923
      View Details
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    Brookston, IN 47923
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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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