Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4899 State Rte 261 Newburgh, IN 47630-2898

    • Retail space
    • 2,072 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Dec 07, 2022
    Location Intelligence
    Property ID
    US31-2630329
    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 4899 State Rte 261

    Year built
    1984
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    2,072 SF
    Property type
    Retail space
    APN
    87-12-27-411-005.000-019
    APU
    871227411005000019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Warrick
    State
    Indiana
    Longitude
    -87.3986
    Latitude
    37.9636
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY 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
    $2,293
    $75,000
    $79,100
    $154,100
    -
    $75,000
    $79,100
    $154,100

    Comparable in this City

    • Value Estimation by Request
      9,075 SF

      100 State St

      Individual retail properties • 9,075 SF
      100 State St, Newburgh, IN 47630
      View Details
    • Value Estimation by Request
      1,124 SF

      218 Jennings St

      RETAIL STORES (PERSONAL SERVICES) • 1,124 SF
      218 Jennings St, Newburgh, IN 47630-1110
      View Details
    • Value Estimation
      $405,000
      1,260 SF

      8122 State Rd 261

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      8122 State Rd 261, Newburgh, IN 47630
      View Details
    • Value Estimation by Request
      3,168 SF

      8245 High Pointe Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
      8245 High Pointe Dr, Newburgh, IN 47630-3070
      View Details
    • Value Estimation
      $380,000
      3,900 SF

      4111 Merchant Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,900 SF
      4111 Merchant Dr, Newburgh, IN 47630-2551
      View Details
    • Value Estimation by Request
      9,100 SF

      6933 Sharon Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      6933 Sharon Rd, Newburgh, IN 47630-1930
      View Details

    Similar Nearby for Sale

    • $2,800,000
      9,075 SF

      Newburgh Mixed-Use Investment

      Historic Downtown, High-End Finish
      100 State St, Newburgh, IN 47630
      View Details
    • $2,400,000
      9,075 SF

      Historic Newburgh Mixed-Use Property

      Mixed-use property in historic Newburgh with retail and residential spaces.
      106 State St, Newburgh, IN 47630
      View Details
    • $2,904,348
      2,166 SF

      Starbucks Investment Opportunity

      Newburgh, IN: High-Yield Retail Investment
      9919 Pointe Vw Dr, Newburgh, IN 47630
      View Details
    • $68,900
      1.12 Acres

      Newburgh Residential Land Opportunity

      1.12-acre wooded lot in a sought-after Newburgh subdivision.
      6195 Ashford Cir, Newburgh, IN 47630
      View Details
    • $890,000

      Prime Newburgh Commercial Land

      3.56 Acres, I-69 Access, $890,000
      10700 Stahl Rd, Newburgh, IN 47630
      View Details
    • $890,000

      Land For Sale Near I-69

      3.56 acres of commercial land near I-69.
      10700 Stahl Rd, Newburgh, IN 47630
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      10,314 SF

      Newburgh Retail Storefront Available

      Prime location, 1,237 sq ft, immediate occupancy.
      707 State St, Newburgh, IN 47630
      View Details
    • $18 SF/Yr
      12,000 SF

      End-Cap Retail Space with Drive-Through

      High-visibility retail space in Newburgh Commons Shopping Center.
      8680 High Pointe Dr, Newburgh, IN 47630
      View Details
    • Contact for pricing
      5,220 SF

      Retail Space in Schnucks Center

      Retail space available in a Schnucks-anchored shopping center.
      8301-8437 Bell Oaks Dr, Newburgh, IN 47630
      View Details
    • $26 SF/Yr
      2,967 SF

      Prime Commercial Space with Drive-Thru

      High-visibility commercial space with drive-thru in Newburgh, Indiana.
      3922 Orchard Ln, Newburgh, IN 47630
      View Details
    • $18 SF/Yr
      2,052 SF

      Retail Space in Growing Corridor

      Multi-tenant retail shopping center in Newburgh, Indiana for lease.
      8887 High Pointe Dr, Newburgh, IN 47630
      View Details
    • $10 SF/Yr
      1 SF

      State Road 66 Retail Space

      Prime Retail/Restaurant Opportunity, 1,250 SF
      7777 In-66, Newburgh, IN 47630
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4899 State Rte 261
    Newburgh, IN 47630-2898
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.