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    Property profile & analytics

    55 Ml St Pekin, IN 47165-7852

    • Retail space
    • 2,400 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 15, 2021
    Location Intelligence
    Property ID
    US31-1466438
    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 55 Ml St

    Year built
    1972
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    2,400 SF
    Property type
    Retail space
    APN
    88-14-24-444-031.001-014
    APU
    881424444031001014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pekin
    County
    Washington
    State
    Indiana
    Longitude
    -86.0136
    Latitude
    38.5034
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-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
    $1,624
    $9,100
    $59,500
    $68,600
    -
    $9,100
    $59,500
    $68,600

    Comparable in this City

    • Value Estimation
      $495,000
      8,844 SF

      424 State Rd 60

      RETAIL STORES (PERSONAL SERVICES) • 8,844 SF
      424 State Rd 60, Pekin, IN 47165-7928
      View Details
    • Value Estimation
      $85,000
      2,142 SF

      125 State Rd 60

      RETAIL STORES (PERSONAL SERVICES) • 2,142 SF
      125 State Rd 60, Pekin, IN 47165
      View Details
    • Value Estimation by Request
      750 SF

      35 Main St

      RETAIL STORES (PERSONAL SERVICES) • 750 SF
      35 Main St, Pekin, IN 47165
      View Details
    • Value Estimation by Request
      1,210 SF

      2 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,210 SF
      2 Main St, Pekin, IN 47165-7939
      View Details
    • Value Estimation by Request
      1,982 SF

      76 State Rd 60

      RETAIL STORES (PERSONAL SERVICES) • 1,982 SF
      76 State Rd 60, Pekin, IN 47165-7937
      View Details
    • Value Estimation
      $390,000
      8,424 SF

      10295 State Rd 335

      RETAIL STORES (PERSONAL SERVICES) • 8,424 SF
      10295 State Rd 335, Pekin, IN 47165-8504
      View Details

    Similar Nearby for Sale

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      Prime Pekin Retail Space

      High-traffic retail building, 3000+ sq ft.
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    • $74,900
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      Pekin Commercial Corner Lot Investment

      High-traffic corner lot, retail potential.
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    • $195,000

      Prime Pekin Business Opportunity

      Established Bar & Event Venue - Huge Potential
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    • Contact for pricing
      0.25 Acres

      High-Visibility Pekin Office Building

      Prime location, 2380 sq ft, high traffic.
      46 State Road 60, Pekin, IN 47165
      View Details
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    55 Ml St
    Pekin, IN 47165-7852
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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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