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    Property profile & analytics

    2233 Us Hwy 40 Clayton, IN 46118

    • Retail space
    • 1,200 SF
    • 5.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 15, 2021
    Location Intelligence
    Property ID
    US31-1209821
    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 2233 Us Hwy 40

    Year built
    1926
    Construction
    WOOD
    Lot size
    5.06 lot acres
    Property size
    1,200 SF
    Property type
    Retail space
    APN
    32-14-18-200-011.000-009
    APU
    321418200011000009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.5646
    Latitude
    39.6553
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    $1,387
    $44,000
    $24,900
    $68,900
    -
    $44,000
    $24,900
    $68,900

    Comparable in this City

    • Value Estimation by Request
      1,242 SF

      48 Kentucky St

      RETAIL STORES (PERSONAL SERVICES) • 1,242 SF
      48 Kentucky St, Clayton, IN 46118
      View Details
    • Value Estimation by Request
      4,320 SF

      1827 Us Hwy 40

      RETAIL STORES (PERSONAL SERVICES) • 4,320 SF
      1827 Us Hwy 40, Clayton, IN 46118-9346
      View Details
    • Value Estimation by Request
      17,389 SF

      10346 State Rd 39

      RETAIL STORES (PERSONAL SERVICES) • 17,389 SF
      10346 State Rd 39, Clayton, IN 46118-9184
      View Details
    • Value Estimation by Request
      680 SF

      96 Kentucky St

      RETAIL STORES (PERSONAL SERVICES) • 680 SF
      96 Kentucky St, Clayton, IN 46118-9603
      View Details
    • Value Estimation by Request
      25,000 SF

      6360 County Rd

      RETAIL STORES (PERSONAL SERVICES) • 25,000 SF
      6360 County Rd, Clayton, IN 46118-9386
      View Details
    • Value Estimation
      $410,000
      3,120 SF

      3489 Us Hwy 40th Ste, Unit 100

      RETAIL STORES (PERSONAL SERVICES) • 3,120 SF
      3489 Us Hwy 40th Ste, Clayton, IN 46118-9091
      View Details

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      Pasture Land with Building Potential

      Two parcels of land with pasture and building potential.
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    2233 Us Hwy 40
    Clayton, IN 46118
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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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