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    Property profile & analytics

    620 Birk Rd Martinsville, IN 46151-6534

    • Turn key restaurants
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 17, 2025
    Location Intelligence
    Property ID
    US31-2278969
    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

    • Turn key restaurants

    Property Details for 620 Birk Rd

    Year built
    2004
    Lot size
    0.97 lot acres
    Property type
    Turn key restaurants
    APN
    55-13-03-380-004.000-021
    APU
    551303380004000021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Morgan
    State
    Indiana
    Longitude
    -86.4102
    Latitude
    39.4177
    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
    $22,827
    $403,800
    $807,800
    $1,211,600
    -
    $403,800
    $807,800
    $1,211,600

    Comparable in this City

    • Value Estimation by Request
      0.47 Acres

      30 Bills Blvd

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      0.81 Acres

      2235 Burton Ln

      RESTAURANT • 0.81 Acres
      2235 Burton Ln, Martinsville, IN 46151-9405
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    • Value Estimation by Request
      0.89 Acres

      1759 Bobby Helm Blvd

      RESTAURANT • 0.89 Acres
      1759 Bobby Helm Blvd, Martinsville, IN 46151-2800
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      $285,000
      0.54 Acres

      2000 Burton Ln

      RESTAURANT • 0.54 Acres
      2000 Burton Ln, Martinsville, IN 46151
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      $290,000
      2,348 SF

      21 Jefferson St

      RESTAURANT • 2,348 SF
      21 Jefferson St, Martinsville, IN 46151-1541
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    • Value Estimation by Request
      1,064 SF

      152 Main St

      RESTAURANT • 1,064 SF
      152 Main St, Martinsville, IN 46151-1417
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      4,265 SF

      Freestanding Restaurant Building with Drive-Thru

      4,265 SF former Steak N Shake with drive-thru for lease.
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      View Details
    • Contact for pricing
      3,044 SF

      Restaurant Space with Drive-Thru

      3,044 SF restaurant space with drive-thru and pylon signage.
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      Martinsville Retail Space Available

      Retail property available for lease in Martinsville, Indiana.
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      Martinsville Retail Space Available

      Retail property available for lease in Martinsville, Indiana.
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    • $252 SF/Yr
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      Morgan Street Office Building

      Versatile Office Space - 2,000 sq ft
      1209 Morgan St, Martinsville, IN 46151
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    Property Visit Statistics

    • Visits by month
      17.4k
    • Visitors by month
      11.8k
    • Avg Time on site
      51 min
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    620 Birk Rd
    Martinsville, IN 46151-6534
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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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