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    Property profile & analytics

    5126 Ml St Union City, IN 47390-8618

    • Commercial land
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1603448
    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 land

    Property Details for 5126 Ml St

    Lot size
    0.75 lot acres
    Property type
    Commercial land
    APN
    68-10-17-300-008.000-018
    APU
    681017300008000018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Randolph
    State
    Indiana
    Longitude
    -84.8774
    Latitude
    40.186

    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
    $96
    $5,600
    $0.00
    $5,600
    -
    $5,600
    $0.00
    $5,600

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      900 Columbia St, Unit B

      VACANT COMMERCIAL LAND • 0.23 Acres
      900 Columbia St, Union City, IN 47390-9496
      View Details
    • Value Estimation by Request
      0.25 Acres

      Wind Turbine Jackson Pike

      VACANT COMMERCIAL LAND • 0.25 Acres
      Wind Turbine Jackson Pike, Union City, IN 47390
      View Details
    • Value Estimation by Request
      0.24 Acres

      Addition Lot, Unit 837

      VACANT COMMERCIAL LAND • 0.24 Acres
      Addition Lot, Union City, IN 47390
      View Details
    • Value Estimation by Request
      0.21 Acres

      Addition Lot, Unit 838

      VACANT COMMERCIAL LAND • 0.21 Acres
      Addition Lot, Union City, IN 47390
      View Details
    • Value Estimation by Request
      0.49 Acres

      1 Carter St

      VACANT COMMERCIAL LAND • 0.49 Acres
      1 Carter St, Union City, IN 47390
      View Details
    • Value Estimation by Request
      0.04 Acres

      235 Chestnut St

      VACANT COMMERCIAL LAND • 0.04 Acres
      235 Chestnut St, Union City, IN 47390-1427
      View Details

    Similar Nearby for Sale

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    • $750,000
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      Union City Land and Home

      10.95 acres with development potential and rental income.
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      Versatile Industrial Facility For Sale

      Heavy-duty commercial facility with versatile space and excellent access.
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    • Contact for pricing
      11,868 SF

      Family Dollar Investment Opportunity

      Single-tenant Family Dollar with long-term lease potential in Union City.
      106 S Columbia St, Union City, IN 47390
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    Similar Nearby for Lease

    • $4 SF/Yr
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      Union City Industrial Facility

      Versatile industrial facility for sale or lease in Union City.
      1303 W Chestnut St, Union City, IN 47390
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    • $10 SF/Yr
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      Versatile Industrial Space in Union

      32,000 sq. ft. industrial building for lease.
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    5126 Ml St
    Union City, IN 47390-8618
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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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