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    Property profile & analytics

    52 Main St Danville, IN 46122-1857

    • Retail space
    • 6,000 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US31-0687585
    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

    • Reid J. Roethe, LLC Attorney At Law / Attorney
    • Melissa L. Sauer, Attorney at Law / Family Law Attorney / Divorce Lawyer
    • No.1 Restaurant / Chinese Restaurant
    • Hendricks County Humane Society / Non-Profit Organization / Mortgage Lender
    • Pak Mail / Notary Public / Packaging Supply Store

    Property Details for 52 Main St

    Year built
    1988
    Construction
    WOOD
    Lot size
    0.18 lot acres
    Property size
    6,000 SF
    Property type
    Retail space
    APN
    32-11-03-370-012.000-003
    APU
    321103370012000003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $390,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $375,000
      Mixed-Use
      $460,000
      Hospitality
      $435,000
      Educational
      $420,000
      Residential Income
      $380,000
      Energy
      $505,000
      Income-Based Land
      $510,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.523
    Latitude
    39.761
    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
    $4,431
    $55,200
    $145,800
    $201,000
    -
    $55,200
    $145,800
    $201,000

    Comparable in this City

    • Value Estimation
      $290,000
      1,456 SF

      117 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 1,456 SF
      117 Jefferson St, Danville, IN 46122-1741
      View Details
    • Value Estimation
      $285,000
      0.61 Acres

      1 Lincoln St

      RETAIL STORES (PERSONAL SERVICES) • 0.61 Acres
      1 Lincoln St, Danville, IN 46122-1767
      View Details
    • Value Estimation
      $345,000
      6,912 SF

      1503 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,912 SF
      1503 Main St, Danville, IN 46122-1934
      View Details
    • Value Estimation
      $375,000
      1,008 SF

      1257 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      1257 Main St, Danville, IN 46122-7953
      View Details
    • Value Estimation
      $410,000
      8,220 SF

      20 County Rd 300th E

      RETAIL STORES (PERSONAL SERVICES) • 8,220 SF
      20 County Rd 300th E, Danville, IN 46122-9141
      View Details
    • Value Estimation by Request
      10,113 SF

      651 Main St

      RETAIL STORES (PERSONAL SERVICES) • 10,113 SF
      651 Main St, Danville, IN 46122-1939
      View Details

    Similar Nearby for Sale

    • $325,000
      1,793 SF

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      Retail properties • 1,793 SF
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      View Details
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      Prime Downtown Location, High Visibility
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    • $500,000
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      Danville Farmhouse with Modern Barn

      Charming 4-bedroom farmhouse on almost 9 acres in Danville.
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    • $775,000
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      Danville Commercial Building - Main St

      Prime Danville location, 6,312 sq ft building.
      20 Main St, Danville, IN 46122
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    • $556,000
      35.38 Acres

      Danville Land for Residential Development

      35+ acre lot in Danville, Indiana, for residential development.
      No Address No Address, Danville, IN 46122
      View Details
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    52 Main St
    Danville, IN 46122-1857
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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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