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    Property profile & analytics

    8700 State Rd 9th 9 Flat Rock, IN 47234-8700

    • Retail space
    • 1,800 SF
    • 2.50 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Nov 04, 2024
    Location Intelligence
    Property ID
    US31-2254424
    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 8700 State Rd 9th 9

    Year built
    1968
    Construction
    WOOD
    Lot size
    2.50 lot acres
    Property size
    1,800 SF
    Property type
    Retail space
    APN
    73-15-16-300-014.000-021
    APU
    731516300014000021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flat Rock
    County
    Shelby
    State
    Indiana
    Longitude
    -85.7528
    Latitude
    39.3978
    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
    $1,979
    $40,500
    $134,500
    $175,000
    -
    $40,500
    $134,500
    $175,000

    Comparable in this City

    • Value Estimation by Request
      660 SF

      3116 Vandalia Rd

      RETAIL STORES (PERSONAL SERVICES) • 660 SF
      3116 Vandalia Rd, Flat Rock, IN 47234-9717
      View Details
    • Value Estimation by Request
      11,030 SF

      3115 Old State Rd 252

      RETAIL STORES (PERSONAL SERVICES) • 11,030 SF
      3115 Old State Rd 252, Flat Rock, IN 47234-7717
      View Details
    • Value Estimation by Request
      4,740 SF

      10899 Norristown Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,740 SF
      10899 Norristown Rd, Flat Rock, IN 47234-9742
      View Details
    • Value Estimation by Request
      3,200 SF

      2010 850th S

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      2010 850th S, Flat Rock, IN 47234-9777
      View Details
    • Value Estimation by Request
      1,660 SF

      2748 State Rd 252

      RESTAURANT • 1,660 SF
      2748 State Rd 252, Flat Rock, IN 47234-9540
      View Details
    • Value Estimation by Request
      2,920 SF

      2785 State Rd 252

      AUTO REPAIR, GARAGE • 2,920 SF
      2785 State Rd 252, Flat Rock, IN 47234-9540
      View Details
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    8700 State Rd 9th 9
    Flat Rock, IN 47234-8700
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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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