Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7173 Us Hwy 41 Shelburn, IN 47879

    • Retail space
    • 2,400 SF
    • 6.93 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    Jan 06, 2020
    Location Intelligence
    Property ID
    US31-1071629
    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 7173 Us Hwy 41

    Year built
    1995
    Construction
    WOOD
    Lot size
    6.93 lot acres
    Property size
    2,400 SF
    Property type
    Retail space
    APN
    77-02-27-000-008.000-003
    APU
    770227000008000003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelburn
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.3984
    Latitude
    39.1872
    CBSA code
    45460
    CBSA name
    TERRE HAUTE, 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
    2022
    $4,179
    $122,800
    $67,000
    $189,800
    -
    $122,800
    $67,000
    $189,800

    Comparable in this City

    • Value Estimation
      $305,000
      4,000 SF

      801 Poplar St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      801 Poplar St, Shelburn, IN 47879-1041
      View Details
    • Value Estimation by Request
      720 SF

      5273 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      5273 Ctr St, Shelburn, IN 47879-8005
      View Details
    • Value Estimation by Request
      1,174 SF

      19 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,174 SF
      19 Washington St, Shelburn, IN 47879-1423
      View Details
    • Value Estimation by Request
      749 SF

      Griffith St

      RETAIL STORES (PERSONAL SERVICES) • 749 SF
      Griffith St, Shelburn, IN 47879
      View Details
    • Value Estimation by Request
      1,200 SF

      Shelburn, IN 47879

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      Shelburn, IN 47879
      View Details
    • Value Estimation
      $285,000
      2,272 SF

      6959 Us Hwy 41

      RETAIL STORES (PERSONAL SERVICES) • 2,272 SF
      6959 Us Hwy 41, Shelburn, IN 47879-8224
      View Details

    Similar Nearby for Sale

    • $360,000
      11,572 SF

      2453 In-48

      Self storage facilities • 11,572 SF
      2453 In-48, Shelburn, IN 47879
      View Details
    • $449,900
      21.00 Acres

      Highway Frontage Commercial Land

      Prime commercial land with highway frontage and city utilities.
      Us Highway 41 N, Shelburn, IN 47879
      View Details
    • $100,000
      5.00 Acres

      Cleared Land Near Highway 41

      5 acres of cleared land suitable for business or residential use.
      5 Acres Ml St, Shelburn, IN 47879
      View Details
    • $1,040,000
      164.00 Acres

      Trophy Whitetail Property in Shelburn, IN

      164 acres of premier deer and turkey habitat with income potential.
      Co Rd 600 N, Shelburn, IN 47879
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7173 Us Hwy 41
    Shelburn, IN 47879
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.