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    Property profile & analytics

    235 Indianapolis Rd Mooresville, IN 46158-1435

    • Strip malls
    • 4,000 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US31-2373051
    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

    • Josh Smalling Roofing and Restoration / Fire Damage Restoration Service / Remodeler

    Property Details for 235 Indianapolis Rd

    Year built
    1951
    Construction
    WOOD
    Lot size
    0.44 lot acres
    Property size
    4,000 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    55-01-36-235-001.002-005
    APU
    550136235001002005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $290,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $265,000
      Mixed-Use
      $300,000
      Hospitality
      $280,000
      Educational
      $265,000
      Residential Income
      $240,000
      Energy
      $280,000
      Income-Based Land
      $240,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.3652
    Latitude
    39.6158
    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
    $2,790
    $91,100
    $114,200
    $205,300
    -
    $91,100
    $114,200
    $205,300

    Comparable in this City

    • Value Estimation by Request
      4,098 SF

      399 Carlisle St

      SHOPPING CENTER, STRIP CENTER • 4,098 SF
      399 Carlisle St, Mooresville, IN 46158-1914
      View Details
    • Value Estimation by Request
      9,048 SF

      1 Moore St, Unit 11

      SHOPPING CENTER, STRIP CENTER • 9,048 SF
      1 Moore St, Mooresville, IN 46158-1781
      View Details
    • Value Estimation
      $350,000
      6,014 SF

      329 Indianapolis Rd

      SHOPPING CENTER, STRIP CENTER • 6,014 SF
      329 Indianapolis Rd, Mooresville, IN 46158-2317
      View Details
    • Value Estimation
      $4,585,000
      54,228 SF

      435-437 Town Ctr Rd

      SHOPPING CENTER, STRIP CENTER • 54,228 SF
      435-437 Town Ctr Rd, Mooresville, IN 46158
      View Details
    • Value Estimation by Request
      16,552 SF

      555-590 R 67th S

      SHOPPING CENTER, STRIP CENTER • 16,552 SF
      555-590 R 67th S, Mooresville, IN 46158
      View Details
    • Value Estimation
      $300,000
      2,125 SF

      354-356 Indiana St

      SHOPPING CENTER, STRIP CENTER • 2,125 SF
      354-356 Indiana St, Mooresville, IN 46158
      View Details

    Similar Nearby for Sale

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      9800 sqft body shop on 1.72 acres in Mooresville.
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    Similar Nearby for Lease

    • Contact for pricing
      6,147 SF

      Mooresville Retail Space Available

      Prime Mooresville storefront, ample parking.
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      Prime Mooresville Shopping Center Space Available
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      60,000 SF Buildable Retail Space
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    • Contact for pricing
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      Retail/Office Space in Mooresville

      Retail or office space with high visibility and ample parking.
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      30,000 SF

      Mooresville Industrial Flex Space

      Modern 30,000 sq ft flex warehouse in Southwest Mooresville.
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    • Contact for pricing
      8,500 SF

      Mooresville Industrial Flex Space

      8,500 SF Flex Warehouse, Prime Location
      0 Innovation Park 67, Mooresville, IN 46158
      View Details
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    235 Indianapolis Rd
    Mooresville, IN 46158-1435
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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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