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    Property profile & analytics

    Industrial Park Dr North Vernon, IN 47265

    • Manufacturing properties
    • 46,352 SF
    • 8.00 lot acres
    OFF-MARKET
    Value Estimation
    $820,000
    Location Intelligence
    Property ID
    US31-3068182
    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

    • Manufacturing properties

    Property Details for Industrial Park Dr

    Year built
    1973
    Construction
    TYPE NOT SPECIFIED
    Lot size
    8.00 lot acres
    Property size
    46,352 SF
    Property type
    Manufacturing properties
    APN
    40-09-27-600-024.000-004
    APU
    400927600024000004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,160,000
      6.5%
      $1,180,000
      7%
      $1,090,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,200,000
      Geo Method
      $1,015,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,155,000
      Retail
      $1,220,000
      Mixed-Use
      $1,180,000
      Hospitality
      $1,165,000
      Educational
      $1,045,000
      Residential Income
      $1,000,000
      Energy
      $935,000
      Income-Based Land
      $1,270,000
      Food Service
      $1,065,000

    Location Insight

    • Map
    • Local Demand
    City
    North Vernon
    County
    Jennings
    State
    Indiana
    Longitude
    -85.6289
    Latitude
    39.0187
    CBSA code
    35860
    CBSA name
    NORTH VERNON, 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
    $27,708
    $155,900
    $767,700
    $923,600
    -
    $155,900
    $767,700
    $923,600

    Comparable in this City

    • Value Estimation
      $950,000
      45,510 SF

      Hayden Pike

      MANUFACTURING (LIGHT) • 45,510 SF
      Hayden Pike, North Vernon, IN 47265
      View Details
    • Value Estimation
      $200,000
      7,500 SF

      3450 4th St

      MANUFACTURING (LIGHT) • 7,500 SF
      3450 4th St, North Vernon, IN 47265-5535
      View Details
    • Value Estimation
      $555,000
      22,200 SF

      1075 Rodgers Park Dr

      MANUFACTURING (LIGHT) • 22,200 SF
      1075 Rodgers Park Dr, North Vernon, IN 47265-6428
      View Details
    • Value Estimation
      $305,000
      3,100 SF

      795 County Rd 500th N

      MANUFACTURING (LIGHT) • 3,100 SF
      795 County Rd 500th N, North Vernon, IN 47265
      View Details
    • Value Estimation
      $245,000
      14,658 SF

      2945 State Hwy 3rd 3

      MANUFACTURING (LIGHT) • 14,658 SF
      2945 State Hwy 3rd 3, North Vernon, IN 47265-9252
      View Details
    • Value Estimation
      $330,000
      9,000 SF

      640 Ertel Ln

      MANUFACTURING (LIGHT) • 9,000 SF
      640 Ertel Ln, North Vernon, IN 47265-4909
      View Details

    Similar Nearby for Sale

    • $2,150,000

      Expansive Industrial Building in Jennings

      25,000 SF industrial building suitable for manufacturing and storage.
      895 W County Road 350 N, North Vernon, IN 47265
      View Details
    • $2,350,000
      25,000 SF

      Prime Industrial Building in North Vernon, IN

      25,000 SF Warehouse/Manufacturing Space
      895 County Road 350, North Vernon, IN 47265
      View Details
    • $2,925,000
      16.00 Acres

      Turnkey Wedding and Event Business

      Established wedding and event business with proven operating model.
      2130 W County Road 200 N, North Vernon, IN 47265
      View Details
    • Contact for pricing

      Country Manor Land For Sale

      Land available on Country Manor Street, North Vernon, Indiana.
      3299 Country Manor St, North Vernon, IN 47265
      View Details
    • $82,510
      7.57 Acres

      7.57 Acre Residential Lots

      7.57 acre residential lots, ready to build your dream home.
      03 W 130 S, North Vernon, IN 47265
      View Details
    • $1,900,000
      27.80 Acres

      27.8 Acres Prime Land

      27.8+ acres of prime property off Highway 3 & 50 Bypass.
      3 N State St, North Vernon, IN 47265
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      21,800 SF

      North Vernon Medical Office Space

      9,229 SF Medical Office, High Visibility
      2110 State Highway 7, North Vernon, IN 47265
      View Details
    • Contact for pricing
      6,000 SF

      Prime North Vernon Retail Space

      6,000 SF Strip Center, 4,780 SF Available
      6 State St, North Vernon, IN 47265
      View Details
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    North Vernon, IN 47265
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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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