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    Property profile & analytics

    618 Meridian St Portland, IN 47371-1134

    • Office Properties & Spaces
    • 2,132 SF
    • 1.49 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Location Intelligence
    Property ID
    US31-2210417
    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

    • Office Properties & Spaces

    Property Details for 618 Meridian St

    Year built
    2005
    Construction
    WOOD
    Lot size
    1.49 lot acres
    Property size
    2,132 SF
    Property type
    Office Properties & Spaces
    APN
    38-07-20-101-020.000-034
    APU
    380720101020000034

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Jay
    State
    Indiana
    Longitude
    -84.9787
    Latitude
    40.4388

    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
    $23,082
    $280,700
    $474,000
    $754,700
    -
    $280,700
    $474,000
    $754,700

    Comparable in this City

    • Value Estimation by Request
      4,848 SF

      1964 800th E

      OFFICE (GENERAL) • 4,848 SF
      1964 800th E, Portland, IN 47371-8639
      View Details
    • Value Estimation by Request
      1,554 SF

      207 Meridian St

      OFFICE (GENERAL) • 1,554 SF
      207 Meridian St, Portland, IN 47371-1920
      View Details
    • Value Estimation by Request
      988 SF

      1216 Meridian St

      OFFICE (GENERAL) • 988 SF
      1216 Meridian St, Portland, IN 47371-1027
      View Details
    • Value Estimation by Request
      1,824 SF

      5948 State Rd 67

      OFFICE (GENERAL) • 1,824 SF
      5948 State Rd 67, Portland, IN 47371-7247
      View Details
    • Value Estimation by Request
      3,162 SF

      215 Votaw St

      OFFICE (GENERAL) • 3,162 SF
      215 Votaw St, Portland, IN 47371-1418
      View Details
    • Value Estimation by Request
      43,660 SF

      215 Main St

      OFFICE (GENERAL) • 43,660 SF
      215 Main St, Portland, IN 47371-2124
      View Details

    Similar Nearby for Sale

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      Portland Medical Office Investment

      NNN Leased Medical Office, Strong Tenant
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    • $1,440,000
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      Scooter’s Coffee NNN Investment

      Corporate guaranteed NNN lease with scheduled rental increases.
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    • $75,400
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      Downtown Portland Commercial Gem

      Historic 5500+ sq ft Duplex, Huge Potential
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    • Contact for pricing
      0.69 Acres

      Portland, IN Residential Land

      Two empty residential lots totaling 0.69 acres in Portland, IN.
      E High St, Portland, IN 47371
      View Details
    • $162,500
      Pending

      Heavily Wooded Land Parcel

      18.5 acre wooded parcel suitable for hunting and recreation.
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    • $2,230,000
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      Newer Medical Construction For Sale

      State-of-the-art urgent care location with long-term NNN lease.
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    Similar Nearby for Lease

    • Contact for pricing
      179 SF

      Portland Office Space: 179 sq ft

      Prime downtown Portland office, perfect for small businesses.
      112 Meridian St, Portland, IN 47371
      View Details
    • $144 SF/Yr
      1,207 SF

      Portland Executive Office Suite

      Prime Portland Office, 1207 sq ft
      112 Meridian St, Portland, IN 47371
      View Details
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    618 Meridian St
    Portland, IN 47371-1134
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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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