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    Property profile & analytics

    701 Main St Sheridan, IN 46069-1340

    • Manufacturing properties
    • 80,989 SF
    • 2.65 lot acres
    OFF-MARKET
    Value Estimation
    $1,025,000
    Location Intelligence
    Property ID
    US31-0967046
    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

    • EMC Precision / Machining Manufacturer

    Property Details for 701 Main St

    Year built
    1930
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.65 lot acres
    Property size
    80,989 SF
    Property type
    Manufacturing properties
    APN
    29-01-32-313-008.000-002
    APU
    290132313008000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,100,000
      6.5%
      $1,100,000
      7%
      $1,060,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $865,000
      Geo Method
      $995,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,040,000
      Retail
      $935,000
      Mixed-Use
      $975,000
      Hospitality
      $1,095,000
      Educational
      $925,000
      Residential Income
      $1,170,000
      Energy
      $1,030,000
      Income-Based Land
      $975,000
      Food Service
      $1,035,000

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.22
    Latitude
    40.1323
    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
    $31,322
    $152,200
    $954,900
    $1,107,100
    -
    $152,200
    $954,900
    $1,107,100

    Comparable in this City

    • Value Estimation
      $695,000
      40,600 SF

      701 Main St

      MANUFACTURING (LIGHT) • 40,600 SF
      701 Main St, Sheridan, IN 46069-1340
      View Details
    • Value Estimation by Request
      0.40 Acres

      701 Main St

      MANUFACTURING (LIGHT) • 0.40 Acres
      701 Main St, Sheridan, IN 46069-1340
      View Details
    • Value Estimation
      $395,000
      2.46 Acres

      7th St

      MANUFACTURING (LIGHT) • 2.46 Acres
      7th St, Sheridan, IN 46069
      View Details
    • Value Estimation by Request
      0.88 Acres

      801 2nd St

      WASTE DISPOSAL, SEWAGE • 0.88 Acres
      801 2nd St, Sheridan, IN 46069-1159
      View Details
    • Value Estimation
      $535,000
      8,000 SF

      Wesco Pkwy

      STORAGE YARD, OPEN STORAGE • 8,000 SF
      Wesco Pkwy, Sheridan, IN 46069
      View Details
    • Value Estimation
      $45,000
      12,000 SF

      885 Wesco Pkwy

      STORAGE YARD, OPEN STORAGE • 12,000 SF
      885 Wesco Pkwy, Sheridan, IN 46069-0020
      View Details

    Similar Nearby for Sale

    • $1,625,000
      22.73 Acres

      Sheridan, IN Residential Land

      Residential land available in Sheridan, Indiana.
      19975 Freemont Moore Land Rd, Sheridan, IN 46069
      View Details
    • $5,473,260

      70 Acres in Westfield

      70.17 acres in Westfield's growth sector with road frontage.
      20032 Freemont Moore Rd, Sheridan, IN 46069
      View Details
    • Contact for pricing
      285.35 Acres

      285.35 acres at SWC of US-31 & 236th Street

      285.35 acres at SWC of US-31 & 236th Street
      23239 Dunbar Rd, Sheridan, IN 46069
      View Details
    • $295,000
      3,680 SF

      Sheridan Office Building - Great Location

      Prime Office Space, High Visibility, Ample Parking
      3934 State Road 47, Sheridan, IN 46069
      View Details
    • $5,473,260
      70 SF

      Westfield Development Land Opportunity

      70.12-acre development land near Westfield, Indiana.
      Freemont Moore Rd, Sheridan, IN 46069
      View Details
    • Contact for pricing

      285 Acres Development Opportunity

      285 acres of contiguous land with US Highway 31 frontage.
      23239 Dunbar Rd, Sheridan, IN 46069
      View Details
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    701 Main St
    Sheridan, IN 46069-1340
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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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