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    Property profile & analytics

    8845 State Rd 46 Sunman, IN 47041-9351

    • Grocery and convenience stores
    • 2,520 SF
    • 2.07 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Location Intelligence
    Property ID
    US31-3018742
    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

    • Grocery and convenience stores

    Property Details for 8845 State Rd 46

    Year built
    1999
    Construction
    WOOD
    Lot size
    2.07 lot acres
    Property size
    2,520 SF
    Property type
    Grocery and convenience stores
    APN
    69-01-32-400-031.001-001
    APU
    690132400031001001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sunman
    County
    Ripley
    State
    Indiana
    Longitude
    -85.0982
    Latitude
    39.2725

    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
    $11,608
    $65,400
    $282,900
    $348,300
    -
    $65,400
    $282,900
    $348,300

    Comparable in this City

    • Value Estimation
      $425,000
      7,050 SF

      114 Meridian St

      GROCERY, SUPERMARKET • 7,050 SF
      114 Meridian St, Sunman, IN 47041-7895
      View Details
    • Value Estimation by Request
      2,341 SF

      11905 State Rd 46

      RETAIL STORES (PERSONAL SERVICES) • 2,341 SF
      11905 State Rd 46, Sunman, IN 47041-8550
      View Details
    • Value Estimation by Request
      792 SF

      122 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 792 SF
      122 Washington St, Sunman, IN 47041
      View Details
    • Value Estimation
      $330,000
      2,052 SF

      510 Meridian St

      RETAIL STORES (PERSONAL SERVICES) • 2,052 SF
      510 Meridian St, Sunman, IN 47041-8491
      View Details
    • Value Estimation by Request
      3,100 SF

      10441 State Rd 48

      RETAIL STORES (PERSONAL SERVICES) • 3,100 SF
      10441 State Rd 48, Sunman, IN 47041-8793
      View Details
    • Value Estimation by Request
      2,816 SF

      101 Washington St

      Individual retail properties • 2,816 SF
      101 Washington St, Sunman, IN 47041
      View Details

    Similar Nearby for Sale

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      Mixed-Use Property in Downtown Sunman

      Mixed-use property with restaurant and apartments in downtown Sunman.
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      Sunman, IN Retail Opportunity

      Thriving restaurant with apartment and potential for additional income.
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      Adaptable warehouse with office space and multiple entry points.
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    • New
      $35,000
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      Sunman Multifamily Building with Potential

      Multi-family building in Sunman, Indiana, needing complete renovation.
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    8845 State Rd 46
    Sunman, IN 47041-9351
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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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