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    Property profile & analytics

    609 State St Princeton, IN 47670-1347

    • Retail space
    • 4,752 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Jan 16, 2025
    Location Intelligence
    Property ID
    US31-1791817
    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 609 State St

    Year built
    2016
    Construction
    WOOD
    Lot size
    0.48 lot acres
    Property size
    4,752 SF
    Property type
    Retail space
    APN
    26-12-07-100-003.253-028
    APU
    261207100003253028

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.5743
    Latitude
    38.3561
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY 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
    $7,320
    $24,200
    $219,800
    $244,000
    -
    $24,200
    $219,800
    $244,000

    Comparable in this City

    • Value Estimation by Request
      1,296 SF

      525 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,296 SF
      525 Main St, Princeton, IN 47670-2445
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    • Value Estimation by Request
      873 SF

      105 7th St

      RETAIL STORES (PERSONAL SERVICES) • 873 SF
      105 7th St, Princeton, IN 47670-1101
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    • Value Estimation by Request
      1,045 SF

      1415 Brumfield Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,045 SF
      1415 Brumfield Ave, Princeton, IN 47670-1155
      View Details
    • Value Estimation
      $340,000
      2,880 SF

      518 Broadway St Ste, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      518 Broadway St Ste, Princeton, IN 47670-2028
      View Details
    • Value Estimation
      $345,000
      2,750 SF

      208 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,750 SF
      208 5th Ave, Princeton, IN 47670
      View Details
    • Value Estimation
      $565,000
      7,215 SF

      1909 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 7,215 SF
      1909 Broadway St, Princeton, IN 47670-1095
      View Details

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      2819 W Broadway St, Princeton, IN 47670
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    609 State St
    Princeton, IN 47670-1347
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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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