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    Property profile & analytics

    4945 Iowa St Clayton, IN 46118

    • Commercial real estate
    • 1,120 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Jun 29, 2025
    Location Intelligence
    Property ID
    US31-1035188
    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

    • Commercial real estate

    Property Details for 4945 Iowa St

    Year built
    2010
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.14 lot acres
    Property size
    1,120 SF
    Property type
    Commercial real estate
    APN
    32-11-34-365-010.000-014
    APU
    321134365010000014

    Description

    This exceptional mixed-use property, constructed in 2010, presents a unique investment opportunity in the thriving town of Clayton, Indiana. Located on a 0.14-acre lot at 4945 Iowa Street, this 1,120-square-foot building enjoys a highly visible main road position, ideal for retail or office use. Currently occupied by a single business, the layout offers significant potential for conversion into multiple rental units. A savvy investor could easily partition the space to accommodate three separate businesses, maximizing rental income. The building's exterior features ample space for prominent signage, ensuring high visibility and attracting potential customers. Clayton's recent economic revitalization, including the addition of new businesses and building renovations, creates a favorable market for this property. This is a rare chance to acquire a well-situated, newer building in a growing community, offering strong potential for both immediate and long-term returns. The property's versatility and prime location make it an attractive investment for those seeking a stable and potentially high-yield asset. Don't miss this chance to capitalize on the growth and potential of Clayton, Indiana.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $335,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $355,000
      Mixed-Use
      $285,000
      Hospitality
      $355,000
      Educational
      $280,000
      Residential Income
      $305,000
      Energy
      $295,000
      Income-Based Land
      $295,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.5229
    Latitude
    39.6886
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN 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
    $1,692
    $12,900
    $83,700
    $96,600
    -
    $12,900
    $83,700
    $96,600

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
      1,350 SF

      2227 County Rd 1000th S

      COMMERCIAL (GENERAL) • 1,350 SF
      2227 County Rd 1000th S, Clayton, IN 46118-9266
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    • Value Estimation
      $250,000
      1.68 Acres

      5930 Liberty Pkwy

      COMMERCIAL (GENERAL) • 1.68 Acres
      5930 Liberty Pkwy, Clayton, IN 46118-8837
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      0.20 Acres

      Clayton, IN 46118

      COMMERCIAL (GENERAL) • 0.20 Acres
      Clayton, IN 46118
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    • Value Estimation by Request
      1,792 SF

      1800 Us Hwy 40

      COMMERCIAL (GENERAL) • 1,792 SF
      1800 Us Hwy 40, Clayton, IN 46118
      View Details

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    4945 Iowa St
    Clayton, IN 46118
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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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