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    Property profile & analytics

    8545 State Hwy 3rd 3 Commiskey, IN 47227-9412

    • Retail space
    • 3,037 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 20, 2023
    Location Intelligence
    Property ID
    US31-2035667
    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 8545 State Hwy 3rd 3

    Year built
    1991
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    3,037 SF
    Property type
    Retail space
    APN
    40-16-21-400-055.000-009
    APU
    401621400055000009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commiskey
    County
    Jennings
    State
    Indiana
    Longitude
    -85.6355
    Latitude
    38.8603
    CBSA code
    35860
    CBSA name
    NORTH VERNON, 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
    $838
    $13,000
    $34,400
    $47,400
    -
    $13,000
    $34,400
    $47,400

    Comparable in this City

    • Value Estimation by Request
      596 SF

      8545 Jennings St

      RETAIL STORES (PERSONAL SERVICES) • 596 SF
      8545 Jennings St, Commiskey, IN 47227
      View Details
    • Value Estimation by Request
      6,272 SF

      8555 Jennings St

      RETAIL STORES (PERSONAL SERVICES) • 6,272 SF
      8555 Jennings St, Commiskey, IN 47227
      View Details
    • Value Estimation by Request
      390 SF

      1790 County Rd 850th S

      RETAIL STORES (PERSONAL SERVICES) • 390 SF
      1790 County Rd 850th S, Commiskey, IN 47227-9427
      View Details
    • Value Estimation by Request
      2,518 SF

      8525 Jennings St

      OFFICE (GENERAL) • 2,518 SF
      8525 Jennings St, Commiskey, IN 47227
      View Details
    • Value Estimation by Request
      1,704 SF

      1815 County Rd 850th S

      COMMERCIAL (GENERAL) • 1,704 SF
      1815 County Rd 850th S, Commiskey, IN 47227
      View Details
    • Value Estimation
      $345,000
      5,691 SF

      7735 Private Rd 115th W

      THEATER (MOVIE) • 5,691 SF
      7735 Private Rd 115th W, Commiskey, IN 47227-9417
      View Details

    Similar Nearby for Sale

    • $260,000
      2.00 Acres

      Commiskey Corner Store Investment

      Profitable Business & Real Estate
      8545 State Highway 3, Commiskey, IN 47227
      View Details
    • $49,900

      Two Acre Jennings County Land

      Two acre surveyed property ideal for a future home.
      7530 W Private Road 775 S, Commiskey, IN 47227
      View Details
    • Contact for pricing
      0.50 Acres

      Vacant Lot in Commiskey, Indiana

      Desirable 0.5+/- acre vacant lot, ideal for building your dream home.
      1905 W Tate St, Commiskey, IN 47227
      View Details
    • $49,900

      Two Acre Jennings County Land

      Two acre surveyed property ideal for a future home.
      7530 W Private Road 775 S, Commiskey, IN 47227
      View Details
    • $49,900

      Two Acre Jennings County Land

      Two acre surveyed property in Jennings County, Indiana.
      7530 W Private Road 775 S, Commiskey, IN 47227
      View Details
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    Commiskey, IN 47227-9412
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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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