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    Property profile & analytics

    485 Us Hwy 231 Jasper, IN 47546-3245

    • Retail space
    • 6,754 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    May 13, 2024
    Location Intelligence
    Property ID
    US31-1967682
    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

    • Retail space

    Property Details for 485 Us Hwy 231

    Year built
    2001
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.10 lot acres
    Property size
    6,754 SF
    Property type
    Retail space
    APN
    19-06-35-202-411.001-002
    APU
    190635202411001002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Dubois
    State
    Indiana
    Longitude
    -86.9416
    Latitude
    38.3908
    CBSA code
    27540
    CBSA name
    JASPER, 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
    $11,618
    $222,700
    $298,800
    $521,500
    -
    $222,700
    $298,800
    $521,500

    Comparable in this City

    • Value Estimation
      $385,000
      5,400 SF

      100 Indiana St

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      100 Indiana St, Jasper, IN 47546-2612
      View Details
    • Value Estimation
      $345,000
      5,000 SF

      217 Mckinnley Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      217 Mckinnley Rd, Jasper, IN 47546-3202
      View Details
    • Value Estimation
      $210,000
      2,400 SF

      820 Newton St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      820 Newton St, Jasper, IN 47546-3029
      View Details
    • Value Estimation
      $305,000
      2,625 SF

      109 28th St

      RETAIL STORES (PERSONAL SERVICES) • 2,625 SF
      109 28th St, Jasper, IN 47546-1401
      View Details
    • Value Estimation
      $405,000
      11,760 SF

      635 712th W 6th St

      RETAIL STORES (PERSONAL SERVICES) • 11,760 SF
      635 712th W 6th St, Jasper, IN 47546
      View Details
    • Value Estimation
      $345,000
      4,320 SF

      116 7th St

      RETAIL STORES (PERSONAL SERVICES) • 4,320 SF
      116 7th St, Jasper, IN 47546-3098
      View Details

    Similar Nearby for Sale

    • $197,000
      Pending

      Downtown Jasper Commercial Space Available

      Updated commercial space in downtown Jasper, ideal for retail or office.
      405 N Newton St, Jasper, IN 47546
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    • $2,100,000
      4.08 Acres

      Versatile Commercial Space in Jasper

      Expansive property in Jasper, Indiana, suitable for various business needs.
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      Two IGA grocery stores in Illinois and Indiana for sale.
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    • $750,000
      0.11 Acres

      Turnkey Retail Business Opportunity

      Established bait and gun shop with dual-income streams for sale.
      482 2Nd Ave, Jasper, IN 47546
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    • $1,100,000
      0.90 Acres

      Restaurant Opportunity on Highway 231

      Restaurant/bar on 0.89 acres with equipment included.
      25 Indiana St, Jasper, IN 47546
      View Details
    • New
      $70,000
      Pending

      Versatile Retail/Dining Space on US 231

      Prime commercial opportunity with open floor plan on US 231.
      7328 N Us 231 Hwy, Jasper, IN 47546
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,049 SF

      Retail Space in Jasper Center

      Retail spaces available in Walmart-anchored shopping center in Jasper, Indiana.
      3954-3966 N Newton St, Jasper, IN 47546
      View Details
    • Contact for pricing
      4,400 SF

      Retail Suites and Outparcel Available

      Retail suites and outparcel available for lease or sale.
      3703 North Newton St, Jasper, IN 47546
      View Details
    • $4,500 /Mo
      5,507 SF

      Downtown Jasper Historic Retail Space

      Historic downtown Jasper retail space with customizable layout.
      248 E 3Rd St, Jasper, IN 47546
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    • Contact for pricing
      28,849 SF

      Jasper Retail Space Available

      Walmart-Anchored Retail Spaces for Lease
      3950 Newton St, Jasper, IN 47546
      View Details
    • $22 SF/Yr
      5,890 SF

      Upscale Retail/Restaurant Space in Jasper

      Prime corner space in a $40M state-of-the-art development.
      225 Riv Ctr Lndg, Jasper, IN 47546
      View Details
    • Contact for pricing
      9,000 SF

      Retail Center in Jasper, Indiana

      107,641 SF retail center with high visibility and access.
      723-851 3Rd Ave, Jasper, IN 47546
      View Details
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    485 Us Hwy 231
    Jasper, IN 47546-3245
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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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