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    Property profile & analytics

    835 Adams St Versailles, IN 47042-9494

    • Strip malls
    • 22,704 SF
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US31-0881921
    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

    • Smoker Friendly Discount Tobacco #24 / Hookah Store / Lottery Retailer
    • National Youth Advocate Program / Family Service Center / Mental Health Service

    Property Details for 835 Adams St

    Year built
    1960
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.21 lot acres
    Property size
    22,704 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    69-13-12-332-060.001-014
    APU
    691312332060001014

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $520,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $540,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $490,000
      Retail
      $480,000
      Mixed-Use
      $575,000
      Hospitality
      $425,000
      Educational
      $525,000
      Residential Income
      $555,000
      Energy
      $460,000
      Income-Based Land
      $545,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Versailles
    County
    Ripley
    State
    Indiana
    Longitude
    -85.2558
    Latitude
    39.0645

    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
    $14,093
    $48,200
    $554,000
    $602,200
    -
    $48,200
    $554,000
    $602,200

    Comparable in this City

    • Value Estimation
      $385,000
      8,500 SF

      1154 Ripley Ests Dr

      SHOPPING CENTER, STRIP CENTER • 8,500 SF
      1154 Ripley Ests Dr, Versailles, IN 47042-9410
      View Details
    • Value Estimation
      $550,000
      28,836 SF

      1006 Adams St

      SHOPPING CENTER, STRIP CENTER • 28,836 SF
      1006 Adams St, Versailles, IN 47042-9144
      View Details
    • Value Estimation by Request
      17,849 SF

      2358 State Rd 129

      WHOLESALE OUTLET, DISCOUNT STORE • 17,849 SF
      2358 State Rd 129, Versailles, IN 47042-9112
      View Details
    • Value Estimation
      $470,000
      20,000 SF

      1008 Adams St

      WHOLESALE OUTLET, DISCOUNT STORE • 20,000 SF
      1008 Adams St, Versailles, IN 47042-9144
      View Details
    • Value Estimation by Request
      4,608 SF

      214 Tyson St

      RESTAURANT • 4,608 SF
      214 Tyson St, Versailles, IN 47042-8036
      View Details
    • Value Estimation
      $335,000
      2,337 SF

      1233 Adams St

      RETAIL STORES (PERSONAL SERVICES) • 2,337 SF
      1233 Adams St, Versailles, IN 47042-8389
      View Details

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    Versailles, IN 47042-9494
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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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