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    Property profile & analytics

    803 State Rd 161 Rockport, IN 47635-9249

    • Office Properties & Spaces
    • 1,424 SF
    • 1.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 30, 2022
    Location Intelligence
    Property ID
    US31-1843848
    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 803 State Rd 161

    Year built
    1974
    Construction
    WOOD
    Lot size
    1.12 lot acres
    Property size
    1,424 SF
    Property type
    Office Properties & Spaces
    APN
    74-15-20-200-029.001-017
    APU
    741520200029001017

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rockport
    County
    Spencer
    State
    Indiana
    Longitude
    -87.109
    Latitude
    37.8985

    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
    $997
    $28,000
    $52,100
    $80,100
    -
    $28,000
    $52,100
    $80,100

    Comparable in this City

    • Value Estimation
      $250,000
      2,800 SF

      66 Sr

      OFFICE (GENERAL) • 2,800 SF
      66 Sr, Rockport, IN 47635
      View Details
    • Value Estimation
      $355,000
      7,164 SF

      321 Main St

      OFFICE (GENERAL) • 7,164 SF
      321 Main St, Rockport, IN 47635-1417
      View Details
    • Value Estimation
      $375,000
      1,830 SF

      9642 Ridgeway Dr

      OFFICE (GENERAL) • 1,830 SF
      9642 Ridgeway Dr, Rockport, IN 47635
      View Details
    • Value Estimation
      $490,000
      4,116 SF

      996 State Rd 66

      OFFICE (GENERAL) • 4,116 SF
      996 State Rd 66, Rockport, IN 47635-8828
      View Details
    • Value Estimation
      $325,000
      7,124 SF

      825 Sycamore St

      OFFICE (GENERAL) • 7,124 SF
      825 Sycamore St, Rockport, IN 47635-1107
      View Details
    • Value Estimation
      $395,000
      5,988 SF

      501 Washington St

      OFFICE (GENERAL) • 5,988 SF
      501 Washington St, Rockport, IN 47635-1246
      View Details

    Similar Nearby for Sale

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    • New
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    • $125,000
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    Similar Nearby for Lease

    • $1,881 /Mo
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      Rockport Commercial Space For Lease

      Commercial space in Rockport with high traffic and multiple uses.
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    • $1,919 /Mo
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      Rockport Commercial Space For Rent

      Commercial space in Rockport with high traffic and multiple uses.
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    803 State Rd 161
    Rockport, IN 47635-9249
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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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