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    Property profile & analytics

    857 Indianapolis Rd Greencastle, IN 46135-1472

    • Retail space
    • 4,560 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US31-1153575
    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

    • Verizon / Electronics Store / Internet Service Provider

    Property Details for 857 Indianapolis Rd

    Year built
    2002
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.80 lot acres
    Property size
    4,560 SF
    Zone code
    ZO01
    Property type
    Retail space
    APN
    67-09-15-304-081.000-008
    APU
    670915304081000008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greencastle
    County
    Putnam
    State
    Indiana
    Longitude
    -86.8418
    Latitude
    39.6464
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, 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
    2023
    $11,646
    $79,800
    $308,400
    $388,200
    -
    $79,800
    $308,400
    $388,200

    Comparable in this City

    • Value Estimation by Request
      3,402 SF

      17 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 3,402 SF
      17 Franklin St, Greencastle, IN 46135-1221
      View Details
    • Value Estimation by Request
      1,558 SF

      17 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 1,558 SF
      17 Franklin St, Greencastle, IN 46135-1217
      View Details
    • Value Estimation
      $495,000
      594 SF

      82 Us Hwy 231

      RETAIL STORES (PERSONAL SERVICES) • 594 SF
      82 Us Hwy 231, Greencastle, IN 46135-9263
      View Details
    • Value Estimation by Request
      280 SF

      302 Jackson St

      RETAIL STORES (PERSONAL SERVICES) • 280 SF
      302 Jackson St, Greencastle, IN 46135-1029
      View Details
    • Value Estimation by Request
      6,082 SF

      21 Indiana St

      RETAIL STORES (PERSONAL SERVICES) • 6,082 SF
      21 Indiana St, Greencastle, IN 46135-1507
      View Details
    • Value Estimation
      $570,000
      6,377 SF

      19 Indiana St, Unit 25

      RETAIL STORES (PERSONAL SERVICES) • 6,377 SF
      19 Indiana St, Greencastle, IN 46135-1509
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space Near Kroger

      Retail space available near Kroger and DePauw University.
      833 Indianapolis Rd, Greencastle, IN 46135
      View Details
    • Contact for pricing
      6,073 SF

      Greencastle Retail Space Available

      Prime Retail Space, High Visibility, 4,568 SF Available
      820 Indianapolis Rd, Greencastle, IN 46135
      View Details
    • Contact for pricing
      92,065 SF

      Putnam Plaza Retail Center

      Greencastle, IN Strip Mall - Spaces Available
      1333 Indianapolis Rd, Greencastle, IN 46135
      View Details
    • $1,100 /Mo
      3,300 SF

      Greencastle Mixed-Use Commercial Building

      Mixed-use commercial building in downtown Greencastle, available November 2025.
      20 W Washington St, Greencastle, IN 46135
      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      1.2k
    • Avg Time on site
      34 min
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    857 Indianapolis Rd
    Greencastle, IN 46135-1472
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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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