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    Property profile & analytics

    508 Main St Rockport, IN 47635-1421

    • Retail space
    • 324 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 10, 2024
    Location Intelligence
    Property ID
    US31-3307372
    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 508 Main St

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    324 SF
    Property type
    Retail space
    APN
    74-15-26-204-002.000-018
    APU
    741526204002000018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rockport
    County
    Spencer
    State
    Indiana
    Longitude
    -87.0499
    Latitude
    37.883

    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
    $505
    $7,200
    $10,400
    $17,600
    -
    $7,200
    $10,400
    $17,600

    Comparable in this City

    • Value Estimation by Request
      864 SF

      701 5th St

      RETAIL STORES (PERSONAL SERVICES) • 864 SF
      701 5th St, Rockport, IN 47635-1138
      View Details
    • Value Estimation by Request
      5,901 SF

      410 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,901 SF
      410 Main St, Rockport, IN 47635-1420
      View Details
    • Value Estimation by Request
      4,007 SF

      2112 State Rd 161

      RETAIL STORES (PERSONAL SERVICES) • 4,007 SF
      2112 State Rd 161, Rockport, IN 47635-8750
      View Details
    • Value Estimation
      $325,000
      3,680 SF

      598 Silverdale Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,680 SF
      598 Silverdale Rd, Rockport, IN 47635-9202
      View Details
    • Value Estimation
      $415,000
      13,104 SF

      822 Sycamore St

      RETAIL STORES (PERSONAL SERVICES) • 13,104 SF
      822 Sycamore St, Rockport, IN 47635-1108
      View Details
    • Value Estimation by Request
      7,482 SF

      130 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 7,482 SF
      130 3rd St, Rockport, IN 47635-1369
      View Details

    Similar Nearby for Sale

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      Former Grocery Store For Sale

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      Retail Property in Rockport, IN

      Retail property for sale in Rockport, Indiana.
      410 Main St, Rockport, IN 47635
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    • $98,500
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      Rockport Agricultural Land For Sale

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      Rockport Land For Sale

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    Similar Nearby for Lease

    • $1,881 /Mo
      3,010 SF

      Rockport Commercial Space For Lease

      Commercial space in Rockport with high traffic and multiple uses.
      880 Sycamore St, Rockport, IN 47635
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    • $1,919 /Mo
      3,070 SF

      Rockport Commercial Space For Rent

      Commercial space in Rockport with high traffic and multiple uses.
      880 Sycamore St, Rockport, IN 47635
      View Details
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    508 Main St
    Rockport, IN 47635-1421
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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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