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    Property profile & analytics

    4470 Lincoln Hwy Bourbon, IN 46504-9610

    • Auto shops
    • 6,484 SF
    • 3.02 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Last Sale
    Dec 26, 2024
    Location Intelligence
    Property ID
    US31-1324057
    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

    • Terex Services / Truck Repair Shop / Crane Service

    Property Details for 4470 Lincoln Hwy

    Year built
    1959
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.02 lot acres
    Property size
    6,484 SF
    Property type
    Auto shops
    APN
    50-33-23-000-005.000-001
    APU
    503323000005000001

    Description

    This exceptional industrial property, located at 4470 Lincoln Hwy in Bourbon, Indiana, presents a compelling investment opportunity. The property encompasses a total of 6,484 square feet of warehouse space, strategically divided across three buildings. This includes a main 6,484 square foot warehouse building, a 2,120 square foot pole barn, and an 800 square foot detached garage. The main warehouse features five loading docks, enhancing operational efficiency. A small office area is integrated within the commercial garage, providing convenient workspace. Situated on a sizable 3.02-acre lot, this property offers significant expansion potential. The property is zoned LI, making it suitable for a variety of industrial and manufacturing uses. The asking price is $325,000, translating to a price per square foot of $50.12. This prime location within an established industrial and agricultural area provides excellent access to transportation and infrastructure. The combination of ample space, multiple buildings, and convenient location makes this an attractive proposition for businesses seeking to establish or expand their operations in Marshall County, Indiana. The property's features and zoning make it ideal for a variety of industrial uses. The 46504 zip code offers easy access to regional transportation networks.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bourbon
    County
    Marshall
    State
    Indiana
    Longitude
    -86.1438
    Latitude
    41.3022
    CBSA code
    38500
    CBSA name
    PLYMOUTH, IN MICROPOLITAN 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
    $2,171
    $39,100
    $129,800
    $168,900
    -
    $39,100
    $129,800
    $168,900

    Comparable in this City

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      105 Harris St

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      306 Ctr St

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    • Value Estimation
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      3,452 SF

      212 Main St

      AUTO REPAIR, GARAGE • 3,452 SF
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    • Value Estimation by Request
      2,402 SF

      113 Ctr St

      AUTO REPAIR, GARAGE • 2,402 SF
      113 Ctr St, Bourbon, IN 46504-1626
      View Details
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    4470 Lincoln Hwy
    Bourbon, IN 46504-9610
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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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