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    Property profile & analytics

    8251 State Rd 16 Twelve Mile, IN 46988-9594

    • Retail space
    • 5,716 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 18, 2024
    Location Intelligence
    Property ID
    US31-2508877
    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 8251 State Rd 16

    Year built
    1928
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    5,716 SF
    Property type
    Retail space
    APN
    09-01-17-337-004.000-001
    APU
    90117337004000001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Twelve Mile
    County
    Cass
    State
    Indiana
    Longitude
    -86.2203
    Latitude
    40.8666
    CBSA code
    30900
    CBSA name
    LOGANSPORT, IN MICROPOLITAN 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
    $1,030
    $9,900
    $58,400
    $68,300
    -
    $9,900
    $58,400
    $68,300

    Comparable in this City

    • Value Estimation by Request
      4,096 SF

      8040 State Rd 16

      RETAIL STORES (PERSONAL SERVICES) • 4,096 SF
      8040 State Rd 16, Twelve Mile, IN 46988
      View Details
    • Value Estimation
      $380,000
      512 SF

      Rear Rabbit St St

      RETAIL STORES (PERSONAL SERVICES) • 512 SF
      Rear Rabbit St St, Twelve Mile, IN 46988
      View Details
    • Value Estimation by Request
      3,096 SF

      8030 State Rd 16

      RETAIL STORES (PERSONAL SERVICES) • 3,096 SF
      8030 State Rd 16, Twelve Mile, IN 46988
      View Details
    • Value Estimation by Request
      5,608 SF

      7913 State Rd 16

      RETAIL STORES (PERSONAL SERVICES) • 5,608 SF
      7913 State Rd 16, Twelve Mile, IN 46988-9501
      View Details
    • Value Estimation
      $350,000
      17,724 SF

      6688 County Rd 625th N

      RETAIL STORES (PERSONAL SERVICES) • 17,724 SF
      6688 County Rd 625th N, Twelve Mile, IN 46988
      View Details
    • Value Estimation by Request
      1,449 SF

      8060 State Rd 16

      RETAIL STORES (PERSONAL SERVICES) • 1,449 SF
      8060 State Rd 16, Twelve Mile, IN 46988
      View Details
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    8251 State Rd 16
    Twelve Mile, IN 46988-9594
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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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