Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5955 Hurt Rd Monrovia, IN 46157-9326

    • Office Properties & Spaces
    • 37,650 SF
    • 8.63 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Location Intelligence
    Property ID
    US31-1521612
    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

    • Puzzle Pieces Child Care / Day Care Center
    • Hall's Haunted Halls / Haunted House

    Property Details for 5955 Hurt Rd

    Year built
    1902
    Construction
    TYPE NOT SPECIFIED
    Lot size
    8.63 lot acres
    Property size
    37,650 SF
    Property type
    Office Properties & Spaces
    APN
    55-04-21-315-001.000-010
    APU
    550421315001000010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $650,000
      6.5%
      $670,000
      7%
      $705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $620,000
      Geo Method
      $755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $780,000
      Retail
      $740,000
      Mixed-Use
      $730,000
      Hospitality
      $580,000
      Educational
      $610,000
      Residential Income
      $590,000
      Energy
      $605,000
      Income-Based Land
      $745,000
      Food Service
      $770,000

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Morgan
    State
    Indiana
    Longitude
    -86.5399
    Latitude
    39.5488
    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
    $607
    $170,600
    $266,800
    $437,400
    -
    $170,600
    $266,800
    $437,400

    Comparable in this City

    • Value Estimation by Request
      3,372 SF

      6413 Baltimore Rd

      OFFICE (GENERAL) • 3,372 SF
      6413 Baltimore Rd, Monrovia, IN 46157-9196
      View Details
    • Value Estimation by Request
      1,076 SF

      295 Chestnut St

      OFFICE (GENERAL) • 1,076 SF
      295 Chestnut St, Monrovia, IN 46157-1025
      View Details
    • Value Estimation by Request
      1,056 SF

      11002 Un Church Rd

      OFFICE (GENERAL) • 1,056 SF
      11002 Un Church Rd, Monrovia, IN 46157
      View Details
    • Value Estimation
      $345,000
      9,928 SF

      60 Marley Way

      OFFICE (GENERAL) • 9,928 SF
      60 Marley Way, Monrovia, IN 46157-1034
      View Details
    • Value Estimation by Request
      3,525 SF

      50 Walnut St

      OFFICE (GENERAL) • 3,525 SF
      50 Walnut St, Monrovia, IN 46157
      View Details
    • Value Estimation by Request
      2,392 SF

      11998 State Rd 39

      OFFICE (GENERAL) • 2,392 SF
      11998 State Rd 39, Monrovia, IN 46157-6100
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      80.00 Acres

      Monrovia, IN: 80-Acre Industrial Land

      Prime 80-acre industrial site near I-70.
      39 & Keller Hl Rd, Monrovia, IN 46157
      View Details
    • $2,800,000
      86.00 Acres

      86 Acres Monrovia Development Land

      Prime Indiana commercial land, ideal for housing.
      8881 Baltimore Rd, Monrovia, IN 46157
      View Details
    • $929,900
      7,960 SF

      Monrovia Retail/Warehouse Opportunity

      Multiple buildings on 2.4 acres near I-70 exit.
      115 N Chestnut St, Monrovia, IN 46157
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5955 Hurt Rd
    Monrovia, IN 46157-9326
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.