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    Property profile & analytics

    2408 Park Ave Alexandria, IN 46001-7100

    • Office Properties & Spaces
    • 9,748 SF
    • 2.19 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    May 10, 2024
    Location Intelligence
    Property ID
    US31-0901967
    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

    • Blakely's Barbershop / Barber Shop

    Property Details for 2408 Park Ave

    Year built
    1960
    Construction
    WOOD
    Lot size
    2.19 lot acres
    Property size
    9,748 SF
    Property type
    Office Properties & Spaces
    APN
    48-06-30-300-108.000-022
    APU
    480630300108000022

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Madison
    State
    Indiana
    Longitude
    -85.6688
    Latitude
    40.2371
    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
    $3,658
    $46,100
    $63,200
    $109,300
    -
    $46,100
    $63,200
    $109,300

    Comparable in this City

    • Value Estimation by Request
      1,060 SF

      225 Harrison St

      OFFICE (GENERAL) • 1,060 SF
      225 Harrison St, Alexandria, IN 46001-2019
      View Details
    • Value Estimation by Request
      2,376 SF

      119 Harrison St

      OFFICE (GENERAL) • 2,376 SF
      119 Harrison St, Alexandria, IN 46001-2017
      View Details
    • Value Estimation by Request
      960 SF

      112 Washington St

      OFFICE (GENERAL) • 960 SF
      112 Washington St, Alexandria, IN 46001-1810
      View Details
    • Value Estimation by Request
      3,792 SF

      123 Washington St

      OFFICE (GENERAL) • 3,792 SF
      123 Washington St, Alexandria, IN 46001-1809
      View Details
    • Value Estimation by Request
      2,106 SF

      204 Harrison St

      OFFICE (GENERAL) • 2,106 SF
      204 Harrison St, Alexandria, IN 46001-2422
      View Details
    • Value Estimation
      $445,000
      24,768 SF

      302 John St

      OFFICE (GENERAL) • 24,768 SF
      302 John St, Alexandria, IN 46001-1707
      View Details

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      Restaurant/Bar Opportunity in Alexandria, IN

      Restaurant/bar with transferable liquor license and updated features for sale.
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    • Contact for pricing
      4,411 SF

      Retail Space in Alexandria, Indiana

      Retail space available for sale in Alexandria, Indiana.
      202 N Harrison St, Alexandria, IN 46001
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    • $1,145,000

      Retail Property in Alexandria, IN

      Retail property for sale in Alexandria, Indiana.
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    Similar Nearby for Lease

    • $2,572 /Mo
      2,400 SF

      Office Space Available For Rent

      Office space available for lease in Alexandria, Indiana.
      2211 S Park Ave, Alexandria, IN 46001
      View Details
    • $9 SF/Yr
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      Prime Alexandria Retail Space

      1,896 SF Storefront Available Now
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      View Details
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    2408 Park Ave
    Alexandria, IN 46001-7100
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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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