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    Property profile & analytics

    611 10th St Sheridan, IN 46069-9106

    • Medical offices
    • 6,720 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    Jul 05, 2023
    Location Intelligence
    Property ID
    US31-0474164
    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

    • Sheridan Family Medicine / Medical Clinic / Family Practice Physician
    • Natalie A Roy / Dentist
    • Betsy A. Zile, NP / Nurse Practitioner
    • Eric A. Marcotte, MD / Family Practice Physician
    • Trenton K. Schmale, DO / Family Practice Physician

    Property Details for 611 10th St

    Year built
    1930
    Construction
    WOOD
    Lot size
    1.04 lot acres
    Property size
    6,720 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    29-01-32-403-007.000-002
    APU
    290132403007000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $545,000
      7%
      $500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $610,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $580,000
      Mixed-Use
      $530,000
      Hospitality
      $465,000
      Educational
      $500,000
      Residential Income
      $560,000
      Energy
      $455,000
      Income-Based Land
      $565,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.2128
    Latitude
    40.1303
    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
    $5,520
    $62,400
    $134,600
    $197,000
    -
    $62,400
    $134,600
    $197,000

    Comparable in this City

    • Value Estimation
      $565,000
      25,908 SF

      803 Hamilton Ave

      HOMES (RETIRED, NURSING) • 25,908 SF
      803 Hamilton Ave, Sheridan, IN 46069-1415
      View Details
    • Value Estimation by Request
      4,776 SF

      11005 200th N

      OFFICE (GENERAL) • 4,776 SF
      11005 200th N, Sheridan, IN 46069-9053
      View Details
    • Value Estimation by Request
      660 SF

      407 Main St

      OFFICE (GENERAL) • 660 SF
      407 Main St, Sheridan, IN 46069-1334
      View Details
    • Value Estimation by Request
      15,591 SF

      103 1st St

      OFFICE (GENERAL) • 15,591 SF
      103 1st St, Sheridan, IN 46069-1015
      View Details
    • Value Estimation by Request
      167,906 SF

      24185 Hinesley Rd

      OFFICE (GENERAL) • 167,906 SF
      24185 Hinesley Rd, Sheridan, IN 46069-9349
      View Details
    • Value Estimation
      $290,000
      1,248 SF

      807 White Ave

      OFFICE (GENERAL) • 1,248 SF
      807 White Ave, Sheridan, IN 46069-9304
      View Details

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    • Contact for pricing
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    • Contact for pricing

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      Land For Sale - Sheridan

      Land available in Sheridan, Indiana.
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      Residential land available in Sheridan, Indiana.
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    611 10th St
    Sheridan, IN 46069-9106
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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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