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    Property profile & analytics

    973 Nn Reo Dr Rockport, IN 47635-9309

    • Office Properties & Spaces
    • 1,551 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 28, 2020
    Location Intelligence
    Property ID
    US31-1593149
    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

    • Office Properties & Spaces

    Property Details for 973 Nn Reo Dr

    Year built
    1976
    Construction
    WOOD
    Lot size
    0.47 lot acres
    Property size
    1,551 SF
    Property type
    Office Properties & Spaces
    APN
    74-15-19-101-002.000-017
    APU
    741519101002000017

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rockport
    County
    Spencer
    State
    Indiana
    Longitude
    -87.1129
    Latitude
    37.9013

    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
    $741
    $13,700
    $45,800
    $59,500
    -
    $13,700
    $45,800
    $59,500

    Comparable in this City

    • Value Estimation by Request
      2,948 SF

      122 3rd St

      OFFICE (GENERAL) • 2,948 SF
      122 3rd St, Rockport, IN 47635-1302
      View Details
    • Value Estimation by Request
      48,886 SF

      200 Main St

      OFFICE (GENERAL) • 48,886 SF
      200 Main St, Rockport, IN 47635-1452
      View Details
    • Value Estimation by Request
      30,462 SF

      1142 Orch Rd

      OFFICE (GENERAL) • 30,462 SF
      1142 Orch Rd, Rockport, IN 47635-9135
      View Details
    • Value Estimation
      $345,000
      3,382 SF

      115 5th St

      OFFICE (GENERAL) • 3,382 SF
      115 5th St, Rockport, IN 47635-9998
      View Details
    • Value Estimation
      $45,000
      5,000 SF

      541 Main St

      OFFICE (GENERAL) • 5,000 SF
      541 Main St, Rockport, IN 47635-1429
      View Details
    • Value Estimation
      $350,000
      1,036 SF

      2483 State Rd 66

      OFFICE (GENERAL) • 1,036 SF
      2483 State Rd 66, Rockport, IN 47635-8811
      View Details

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      Retail property for sale in Rockport, Indiana.
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    Similar Nearby for Lease

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    Rockport, IN 47635-9309
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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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