2032 Us Hwy 231Spencer, IN 47460

  • Retail properties
  • 8,640 SF
Off market

Property Details for 2032 Us Hwy 231

Year built
1990
Construction
TYPE NOT SPECIFIED
Lot size
7.70 AC
Property size (Sq ft)
8,640 SF
Property type
Retail properties
Property subtype
Auto shops
APN
60-10-09-100-070.000-027
APU
601009100070000027

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,566,701
    6.5%
    $1,446,186
    7%
    $1,342,887
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,874,203
    Method 2
    $1,874,203
  • Alternative Use

    Use
    Valuation
    Residential
    $1,219,912
    Hospitality
    $1,117,433
    Educational
    $929,691
    Medical
    $961,664
    Retail
    $1,446,186
2032 Us Hwy 231, Spencer, Indiana

Location Insight

City
Spencer
County
Owen
State
Indiana
Latitude
39.3197
Longitude
-86.7438
CBSA code
14020
CBSA name
BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Tax year
    2023

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