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    Property profile & analytics

    2840 State Rd 37 Paoli, IN 47454-9620

    • Medical offices
    • 4,144 SF
    • 2.39 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Location Intelligence
    Property ID
    US31-1368754
    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

    • Medical offices

    Property Details for 2840 State Rd 37

    Year built
    2008
    Construction
    WOOD
    Lot size
    2.39 lot acres
    Property size
    4,144 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    59-07-19-200-020.001-011
    APU
    590719200020001011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paoli
    County
    Orange
    State
    Indiana
    Longitude
    -86.4572
    Latitude
    38.5979

    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
    $4,879
    $39,000
    $272,800
    $311,800
    -
    $39,000
    $272,800
    $311,800

    Comparable in this City

    • Value Estimation
      $345,000
      2,520 SF

      1670 Main St

      MEDICAL BUILDING • 2,520 SF
      1670 Main St, Paoli, IN 47454-9665
      View Details
    • Value Estimation
      $565,000
      22,912 SF

      488 Hospital Rd

      MEDICAL BUILDING • 22,912 SF
      488 Hospital Rd, Paoli, IN 47454-8807
      View Details
    • Value Estimation by Request
      9,240 SF

      420 Longest St

      MEDICAL BUILDING • 9,240 SF
      420 Longest St, Paoli, IN 47454-8821
      View Details
    • Value Estimation by Request
      8,514 SF

      560 Longest St

      MEDICAL BUILDING • 8,514 SF
      560 Longest St, Paoli, IN 47454-9670
      View Details
    • Value Estimation by Request
      5,665 SF

      555 Longest St

      MEDICAL BUILDING • 5,665 SF
      555 Longest St, Paoli, IN 47454-9670
      View Details
    • Value Estimation by Request
      36,251 SF

      559 Longest St

      HOMES (RETIRED, NURSING) • 36,251 SF
      559 Longest St, Paoli, IN 47454-9670
      View Details

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      Spacious Paoli property, two lots, great potential.
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    • $115,000
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      Paoli Commercial Building & Business

      Thriving Business, Turnkey Operation, High Potential
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    • $90,000
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      Commercial real estate • 0.22 Acres
      117 Thornton St, Paoli, IN 47454
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      33,793 SF

      South Paoli Retail Center Investment

      High-visibility retail space in Paoli, IN.
      401 1St St, Paoli, IN 47454
      View Details
    • Contact for pricing
      6,080 SF

      Retail Center in Paoli, Indiana

      Highly visible retail center anchored by Dollar Tree/Family Dollar.
      401-405 SW 1St St, Paoli, IN 47454
      View Details
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    Paoli, IN 47454-9620
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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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