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    Property profile & analytics

    220 Commerce Dr Seymour, IN 47274-4069

    • Hotels
    • 24,370 SF
    • 6.60 lot acres
    OFF-MARKET
    Value Estimation
    $715,000
    Location Intelligence
    Property ID
    US31-1361520
    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

    • Dinsmore Sewer Tank Pumping Seymour / Pumping Equipment And Service / Septic System Service
    • Econo Lodge / Hotel

    Property Details for 220 Commerce Dr

    Year built
    1974
    Construction
    WOOD
    Lot size
    6.60 lot acres
    Property size
    24,370 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    36-66-15-400-020.000-009
    APU
    366615400020000009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $695,000

    • CAP approach

      CAP return
      Estimation
      6%
      $915,000
      6.5%
      $765,000
      7%
      $795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $755,000
      Geo Method
      $925,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $825,000
      Retail
      $900,000
      Mixed-Use
      $860,000
      Hospitality
      $735,000
      Educational
      $805,000
      Residential Income
      $755,000
      Energy
      $805,000
      Income-Based Land
      $745,000
      Food Service
      $915,000

    Location Insight

    • Map
    • Local Demand
    City
    Seymour
    County
    Jackson
    State
    Indiana
    Longitude
    -85.8398
    Latitude
    38.9562
    CBSA code
    42980
    CBSA name
    SEYMOUR, 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
    2023
    $25,199
    $405,400
    $465,500
    $870,900
    -
    $405,400
    $465,500
    $870,900

    Comparable in this City

    • Value Estimation by Request
      1,056 SF

      475 Obrien St

      HOTEL/MOTEL • 1,056 SF
      475 Obrien St, Seymour, IN 47274-2459
      View Details
    • Value Estimation
      $495,000
      17,160 SF

      2603 Outlet Blvd

      HOTEL/MOTEL • 17,160 SF
      2603 Outlet Blvd, Seymour, IN 47274-3571
      View Details
    • Value Estimation
      $500,000
      21,943 SF

      365 Tanger Blvd

      HOTEL/MOTEL • 21,943 SF
      365 Tanger Blvd, Seymour, IN 47274-3594
      View Details
    • Value Estimation by Request
      2,175 SF

      200 Redington St

      HOTEL/MOTEL • 2,175 SF
      200 Redington St, Seymour, IN 47274-9172
      View Details
    • Value Estimation by Request
      45,804 SF

      327 Sandy Crk Dr

      HOTEL/MOTEL • 45,804 SF
      327 Sandy Crk Dr, Seymour, IN 47274-9684
      View Details
    • Value Estimation by Request
      54,957 SF

      249 Sandy Crk Dr

      HOTEL/MOTEL • 54,957 SF
      249 Sandy Crk Dr, Seymour, IN 47274-8556
      View Details

    Similar Nearby for Sale

    • $17,500,000
      712.92 Acres

      Seymour, Indiana Mixed-Use Acreage

      712+ acres with lake, buildings, utilities near Seymour, Indiana.
      2221 In-258, Seymour, IN 47274
      View Details
    • $17,500,000
      712.92 Acres

      712+ Acres in Seymour, Indiana

      712+ acres with lake and 90+ buildings in Seymour.
      2221 In-258, Seymour, IN 47274
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    • $325,000
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      Seymour, IN: Dual Shop Property

      Two shops, 2.56 acres, ready to work!
      County Road 1240, Seymour, IN 47274
      View Details
    • $425,000
      0.85 Acres

      Seymour Retail Building - Hwy 31

      High-traffic location, versatile retail space.
      5028 Us Highway 31, Seymour, IN 47274
      View Details
    • $55,000
      1.07 Acres

      Residential Lots in Seymour, Indiana

      Residential land available in Seymour, Indiana with utilities access.
      10405 Emerald Ct N, Seymour, IN 47274
      View Details
    • Contact for pricing
      Pending

      Event Center and Tasting Room

      79-acre event center with vineyard, farm ground, and amphitheater.
      6361 N County Road 760 E, Seymour, IN 47274
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      165,000 SF

      Seymour Shoppes: Prime Retail/Office Space

      165,000 SF Multi-Use Center, I-65 Frontage
      357 Tanger Blvd, Seymour, IN 47274
      View Details
    • Contact for pricing
      29,893 SF

      Retail Space on Main Corridor

      Retail property located on a main retail corridor.
      2000 East Tipton St, Seymour, IN 47274
      View Details
    • $3,577 /Mo
      6,288 SF

      Office Space For Lease

      Office space for lease in high visibility area.
      1239 E 4Th St, Seymour, IN 47274
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space in Village Center

      Retail space available in a well-located village center.
      1501-1541 E Tipton St, Seymour, IN 47274
      View Details
    • Contact for pricing
      22,000 SF

      Seymour Industrial Space For Lease

      Versatile Manufacturing/Warehouse Space Available
      1104 A Ave, Seymour, IN 47274
      View Details
    • $15 SF/Yr
      14,906 SF

      Seymour Retail Center Investment

      High-traffic retail strip center, 2 spaces available.
      1171 Tipton St, Seymour, IN 47274
      View Details

    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      199
    • Avg Time on site
      579 min
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    220 Commerce Dr
    Seymour, IN 47274-4069
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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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