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    Property profile & analytics

    532 State Rd 161 Rockport, IN 47635-8894

    • Warehouses
    • 5,200 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Last Sale
    Nov 03, 2023
    Location Intelligence
    Property ID
    US31-1581207
    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

    • Warehouses

    Property Details for 532 State Rd 161

    Year built
    1997
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.39 lot acres
    Property size
    5,200 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    74-15-19-100-045.000-017
    APU
    741519100045000017

    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
    -87.1102
    Latitude
    37.8953

    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
    $5,339
    $23,000
    $405,800
    $428,800
    -
    $23,000
    $405,800
    $428,800

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      140 Grissom Ave

      MINI-WAREHOUSE, STORAGE • 3,600 SF
      140 Grissom Ave, Rockport, IN 47635
      View Details
    • Value Estimation by Request
      6,200 SF

      532 State Rd 161

      MINI-WAREHOUSE, STORAGE • 6,200 SF
      532 State Rd 161, Rockport, IN 47635-8894
      View Details
    • Value Estimation by Request
      4,800 SF

      Sycamore St

      MINI-WAREHOUSE, STORAGE • 4,800 SF
      Sycamore St, Rockport, IN 47635
      View Details
    • Value Estimation by Request
      2,400 SF

      519 5th St

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      519 5th St, Rockport, IN 47635-1205
      View Details
    • Value Estimation
      $540,000
      6,650 SF

      Ww Cr 51st Nn

      MINI-WAREHOUSE, STORAGE • 6,650 SF
      Ww Cr 51st Nn, Reo, IN 47635
      View Details
    • Value Estimation by Request
      420 SF

      66 Sr

      STORAGE YARD, OPEN STORAGE • 420 SF
      66 Sr, Reo, IN 47635
      View Details

    Similar Nearby for Sale

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      Commercial land available near Highway 231 and Natcher Bridge.
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    • $125,000
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      Prime Rockport Retail Space

      15,000 SF Vacant Storefront, Redevelopment Opportunity
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    • $35,000
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      Residential Land in Rockport, IN

      Residential land available for new construction in Rockport, Indiana.
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    Similar Nearby for Lease

    • $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
    • $1,881 /Mo
      3,010 SF

      Rockport Commercial Space For Lease

      Commercial space in Rockport with high traffic and multiple uses.
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      View Details
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    532 State Rd 161
    Rockport, IN 47635-8894
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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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