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    Property profile & analytics

    8985 Main NW St Depauw, IN 47115-9368

    • Commercial real estate
    • 2,016 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2524098
    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

    • Commercial real estate

    Property Details for 8985 Main NW St

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    2,016 SF
    Property type
    Commercial real estate
    APN
    31-05-19-226-007.000-017
    APU
    310519226007000017

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Depauw
    County
    Harrison
    State
    Indiana
    Longitude
    -86.218
    Latitude
    38.3344
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-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
    $161
    $6,800
    $5,500
    $12,300
    -
    $6,800
    $5,500
    $12,300

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      8980 Main NW St

      COMMERCIAL (GENERAL) • 3,200 SF
      8980 Main NW St, Depauw, IN 47115
      View Details
    • Value Estimation by Request
      920 SF

      Main St

      COMMERCIAL (GENERAL) • 920 SF
      Main St, Depauw, IN 47115
      View Details
    • Value Estimation by Request
      6,394 SF

      Cor Hwy 337th Tunl Hl R

      COMMERCIAL (GENERAL) • 6,394 SF
      Cor Hwy 337th Tunl Hl R, Depauw, IN 47115
      View Details
    • Value Estimation
      $465,000
      1,728 SF

      6410 Hwy 64th NW

      COMMERCIAL (GENERAL) • 1,728 SF
      6410 Hwy 64th NW, Depauw, IN 47115
      View Details
    • Value Estimation by Request
      2,025 SF

      3067 Lincoln Spgs Rd

      COMMERCIAL (GENERAL) • 2,025 SF
      3067 Lincoln Spgs Rd, Depauw, IN 47115
      View Details
    • Value Estimation
      $190,000
      1,350 SF

      406 Day NW Ln

      COMMERCIAL (GENERAL) • 1,350 SF
      406 Day NW Ln, Depauw, IN 47115
      View Details

    Similar Nearby for Sale

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    • $90,000
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      Prime Depauw Business Opportunity

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    • $325,000
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    8985 Main NW St
    Depauw, IN 47115-9368
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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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