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    Property profile & analytics

    Commercial St Worthington, IN 47471

    • Turn key restaurants
    • 2,736 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 20, 2023
    Location Intelligence
    Property ID
    US31-1727004
    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

    • Turn key restaurants

    Property Details for Commercial St

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    2,736 SF
    Property type
    Turn key restaurants
    APN
    28-03-21-223-037.000-012
    APU
    280321223037000012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Worthington
    County
    Greene
    State
    Indiana
    Longitude
    -86.9753
    Latitude
    39.1205
    CBSA code
    14020
    CBSA name
    BLOOMINGTON, 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
    $662
    $9,400
    $700
    $10,100
    -
    $9,400
    $700
    $10,100

    Comparable in this City

    • Value Estimation
      $365,000
      5,076 SF

      109 Commercial St

      RESTAURANT • 5,076 SF
      109 Commercial St, Worthington, IN 47471-1705
      View Details
    • Value Estimation by Request
      1,854 SF

      114 Main St

      RESTAURANT • 1,854 SF
      114 Main St, Worthington, IN 47471-1603
      View Details
    • Value Estimation by Request
      1,398 SF

      12 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,398 SF
      12 Washington St, Worthington, IN 47471-1425
      View Details
    • Value Estimation
      $315,000
      1,305 SF

      203 Commercial St

      CONVENIENCE STORE • 1,305 SF
      203 Commercial St, Worthington, IN 47471-1708
      View Details
    • Value Estimation
      $455,000
      10,000 SF

      319 Canal St

      GROCERY, SUPERMARKET • 10,000 SF
      319 Canal St, Worthington, IN 47471-1203
      View Details
    • Value Estimation by Request
      8,340 SF

      Commercial St

      AUTO REPAIR, GARAGE • 8,340 SF
      Commercial St, Worthington, IN 47471
      View Details

    Similar Nearby for Sale

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      Managed Habitat Hunting and Recreation Land

      26.14 acres managed for whitetail, turkey, and rabbits.
      6017 N Old 157, Worthington, IN 47471
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    • $80,000
      0.85 Acres

      Commercial Land in Worthington, IN

      Vacant lot with dual road access in Worthington, Indiana.
      S Commercial St, Worthington, IN 47471
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    • $100,000
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      New Pole-Barn on Main Thoroughfare

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      263 S Commercial St, Worthington, IN 47471
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    Commercial St
    Worthington, IN 47471
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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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