Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    County Rd 500th E Frankfort, IN 46041

    • Commercial real estate
    • 768 SF
    • 9.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 08, 2023
    Location Intelligence
    Property ID
    US31-3105610
    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 County Rd 500th E

    Year built
    1960
    Construction
    WOOD
    Lot size
    9.00 lot acres
    Property size
    768 SF
    Property type
    Commercial real estate
    APN
    12-03-21-400-007.000-019
    APU
    120321400007000019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Clinton
    State
    Indiana
    Longitude
    -86.4129
    Latitude
    40.4207
    CBSA code
    23140
    CBSA name
    FRANKFORT, IN MICROPOLITAN 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
    $1,375
    $56,100
    $12,500
    $68,600
    -
    $56,100
    $12,500
    $68,600

    Comparable in this City

    • Value Estimation by Request
      3,624 SF

      9282 State Rd 29

      COMMERCIAL (GENERAL) • 3,624 SF
      9282 State Rd 29, Frankfort, IN 46041-7754
      View Details
    • Value Estimation by Request
      896 SF

      53 Sycamore St

      COMMERCIAL (GENERAL) • 896 SF
      53 Sycamore St, Frankfort, IN 46041-1941
      View Details
    • Value Estimation by Request
      3,360 SF

      56 Washington St

      COMMERCIAL (GENERAL) • 3,360 SF
      56 Washington St, Frankfort, IN 46041-1922
      View Details
    • Value Estimation by Request
      10,240 SF

      4160 County Rd 0 Ew

      COMMERCIAL (GENERAL) • 10,240 SF
      4160 County Rd 0 Ew, Frankfort, IN 46041-7993
      View Details
    • Value Estimation by Request
      15,552 SF

      2325 Barner St

      COMMERCIAL (GENERAL) • 15,552 SF
      2325 Barner St, Frankfort, IN 46041-6953
      View Details
    • Value Estimation by Request
      7,135 SF

      250 Main St

      COMMERCIAL (GENERAL) • 7,135 SF
      250 Main St, Frankfort, IN 46041-1947
      View Details

    Similar Nearby for Sale

    • $415,000
      0.43 Acres

      Frankfort Commercial Building - Huge Potential

      Versatile 5,490 sq ft office building, ample parking.
      250 Alhambra Ave, Frankfort, IN 46041
      View Details
    • $350,000
      0.74 Acres

      Historic Frankfort Commercial Building

      Prime location, updated features, versatile space.
      407 Main St, Frankfort, IN 46041
      View Details
    • $525,000
      2,700 SF

      Frankfort Commercial Corner Lot

      High-Visibility Downtown Space, 2700 sq ft
      359 Jackson St, Frankfort, IN 46041
      View Details
    • $1,360,500
      27.81 Acres

      Prime I-65 Development Land

      28 Acres, Frankfort, IN - $1.36M
      Frankfort, IN 46041
      View Details
    • $129,000
      0.06 Acres

      Downtown Frankfort Commercial Space

      High-visibility retail space, prime location.
      54 Main St, Frankfort, IN 46041
      View Details
    • Contact for pricing
      0.75 Acres

      Frankfort, IN Outlot: Prime Retail Space

      High-traffic location, 0.75-acre outlot.
      2401 Wabash St, Frankfort, IN 46041
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,600 SF

      Retail Space with High Visibility

      Retail space with high visibility and ample parking available.
      2472-2488 E Wabash St, Frankfort, IN 46041
      View Details
    • $650 /Mo
      750 SF

      Office Space For Rent

      Office space available for rent, great location and value.
      5 S Main St, Frankfort, IN 46041
      View Details
    • Contact for pricing
      489,600 SF

      Industrial Building Available for Lease

      Industrial building with 195,000 - 1,194,000 SF available for lease.
      6479 W County Road 200 S, Frankfort, IN 46041
      View Details
    • Contact for pricing
      761,600 SF

      Industrial Building Available for Lease

      Industrial building with 195,000 - 1,194,000 SF available for lease.
      County Road 300 S, Frankfort, IN 46041
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    County Rd 500th E
    Frankfort, IN 46041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.