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    Property profile & analytics

    Commerce Dr Troy, IN 47588

    • Warehouses
    • 35,370 SF
    • 4.70 lot acres
    OFF-MARKET
    Value Estimation
    $550,000
    Location Intelligence
    Property ID
    US31-3258522
    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

    • Warehouses

    Property Details for Commerce Dr

    Year built
    1986
    Construction
    TYPE NOT SPECIFIED
    Lot size
    4.70 lot acres
    Property size
    35,370 SF
    Property type
    Warehouses
    APN
    62-12-12-400-009.000-009
    APU
    621212400009000009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Perry
    State
    Indiana
    Longitude
    -86.7997
    Latitude
    38.0053

    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
    $9,775
    $67,900
    $401,700
    $469,600
    -
    $67,900
    $401,700
    $469,600

    Comparable in this City

    • Value Estimation
      $385,000
      12,675 SF

      Commerce Dr

      STORAGE YARD, OPEN STORAGE • 12,675 SF
      Commerce Dr, Troy, IN 47588
      View Details
    • Value Estimation
      $350,000
      1,008 SF

      545 Sr

      STORAGE YARD, OPEN STORAGE • 1,008 SF
      545 Sr, Troy, IN 47588
      View Details
    • Value Estimation
      $740,000
      300,000 SF

      741 Mcdaniel St

      WAREHOUSE, STORAGE • 300,000 SF
      741 Mcdaniel St, Troy, IN 47588-5500
      View Details
    • Value Estimation
      $375,000
      7,500 SF

      545 Sr

      STORAGE YARD, OPEN STORAGE • 7,500 SF
      545 Sr, Troy, IN 47588
      View Details
    • Value Estimation
      $390,000
      8,475 SF

      10 Commerce Dr

      STORAGE YARD, OPEN STORAGE • 8,475 SF
      10 Commerce Dr, Troy, IN 47588
      View Details
    • Value Estimation by Request
      1,116 SF

      66 Sr

      STORAGE YARD, OPEN STORAGE • 1,116 SF
      66 Sr, Troy, IN 47588
      View Details
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    Commerce Dr
    Troy, IN 47588
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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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