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Property profile & analytics

308 Oak St Paoli, IN 47454

  • Office Properties & Spaces
  • 6,888 SF
  • 0.22 lot acres
Value Estimation
Last Sale
May 30, 2023
$240,000
Location Intelligence
Property ID
US31-2332144
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

  • Office Properties & Spaces

Property Details for 308 Oak St

Year built
1966
Construction
WOOD
Lot size
0.22 lot acres
Property size
6,888 SF
Property type
Office Properties & Spaces
APN
59-11-01-230-218.000-012
APU
591101230218000012

Description

This exceptional commercial property at 308 S Oak Street, Paoli, Indiana, presents a unique investment opportunity. Spanning nearly 7,000 square feet of finished usable space on a 0.28-acre lot, this building offers incredible versatility. Currently configured as a church/recovery center, its adaptable layout is ideal for a wide range of businesses. The main level features a welcoming foyer/waiting area, two restrooms, two offices, and a substantial 1800-square-foot common room/meeting area perfect for gatherings or large-scale operations. A convenient laundry area is also located on this level. The property includes plumbing rough-in for two additional restrooms, enhancing future expansion possibilities. A fully equipped commercial kitchen is a standout feature, boasting a Vulcan cook stove with 10 burners and double exhaust fans, along with a 6x8 exterior walk-in freezer. Ample storage is available throughout the building. The basement level provides seven additional rooms suitable for offices or bedrooms, a full kitchen, and a large bathroom. Exterior features include a fully fenced backyard with a 20x24 shelter house and an 8x10 shed, providing additional storage or workspace. A 10-foot-wide gate ensures easy access for delivery trucks. Three HVAC units allow for independent climate control in different areas of the building. This property is priced at $249,900 and offers significant potential for a variety of commercial uses. The combination of size, features, and location makes this a truly exceptional opportunity.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $160,000
  • CAP approach

    CAP return
    Estimation
    6%
    $190,000
    6.5%
    $170,000
    7%
    $165,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $190,000
    Geo Method
    $185,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $215,000
    Retail
    $190,000
    Mixed-Use
    $210,000
    Hospitality
    $160,000
    Educational
    $190,000
    Residential Income
    $175,000
    Energy
    $195,000
    Income-Based Land
    $210,000
    Food Service
    $200,000

Location Insight

  • Map
  • Local Demand
City
Paoli
County
Orange
State
Indiana
Longitude
-86.4717
Latitude
38.5508

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
$2,975
$23,100
$115,700
$138,800
-
$23,100
$115,700
$138,800
More about this property
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