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    Property profile & analytics

    5 Section St Sullivan, IN 47882-1518

    • Retail space
    • 2,563 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 09, 2021
    Location Intelligence
    Property ID
    US31-1829408
    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 5 Section St

    Year built
    1974
    Construction
    WOOD
    Lot size
    0.07 lot acres
    Property size
    2,563 SF
    Property type
    Retail space
    APN
    77-07-34-222-113.000-012
    APU
    770734222113000012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sullivan
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.4093
    Latitude
    39.0958
    CBSA code
    45460
    CBSA name
    TERRE HAUTE, 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
    2022
    $1,530
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,750 SF

      208 Wall St

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      208 Wall St, Sullivan, IN 47882-1443
      View Details
    • Value Estimation by Request
      2,610 SF

      524 Section St

      RETAIL STORES (PERSONAL SERVICES) • 2,610 SF
      524 Section St, Sullivan, IN 47882-1244
      View Details
    • Value Estimation
      $80,000
      5,168 SF

      11 Jackson St

      RETAIL STORES (PERSONAL SERVICES) • 5,168 SF
      11 Jackson St, Sullivan, IN 47882
      View Details
    • Value Estimation by Request
      2,686 SF

      400 Depot St

      RETAIL STORES (PERSONAL SERVICES) • 2,686 SF
      400 Depot St, Sullivan, IN 47882-1313
      View Details
    • Value Estimation by Request
      1,200 SF

      225 Foley St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      225 Foley St, Sullivan, IN 47882
      View Details
    • Value Estimation by Request
      1,040 SF

      16 Jackson St

      RETAIL STORES (PERSONAL SERVICES) • 1,040 SF
      16 Jackson St, Sullivan, IN 47882-1501
      View Details

    Similar Nearby for Sale

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      Cash-flowing mixed-use property in downtown Sullivan with commercial and residential spaces.
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      Adaptable commercial building with showroom, warehouse, and ample parking.
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      Turn-Key Restaurant, Bar & Bowling

      Successful restaurant, bar, and bowling business in Sullivan, Indiana.
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      0.54 Acres

      Residential Lot in Newer Subdivision

      Building site in newer subdivision with newer homes.
      Joy Dr, Sullivan, IN 47882
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      0.35 Acres

      Residential Lot in Newer Subdivision

      Building site in newer subdivision with newer homes.
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    • $269,900
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      Sullivan Investment Opportunity

      Multi-use building with high rental income.
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    Similar Nearby for Lease

    • $1,500 /Mo
      5,227 SF

      Downtown Sullivan Retail/Service Space

      2546 SF retail/service space in downtown Sullivan, Indiana.
      20 W Washington St, Sullivan, IN 47882
      View Details
    • Contact for pricing
      4,322 SF

      Sullivan, IN Executive Office Space

      Prime Sullivan location, 2722 sq ft available
      529 Section St, Sullivan, IN 47882
      View Details
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    5 Section St
    Sullivan, IN 47882-1518
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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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