222 18thRichmond, IN 47374

  • Parking lots & garages
  • 0.19 AC
Off market
$1,893,590 Estimated

Property Details for 222 18th

Year built
2002
Lot size
0.19 AC
Zone code
ZO01
Property type
Parking lots & garages
APN
89-17-01-240-101.000-030
APU
891701240101000030

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,171,010
    6.5%
    $1,080,930
    7%
    $1,003,720
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,063,350
    Geo Method
    $1,063,350
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,106,200
    Mixed-Use / Specialty
    $1,077,770
    Hospitality / Lodging
    $791,632
    Office
    $1,072,090
    Institutional / Educational
    $1,120,700
    Residential Income
    $1,311,220
    Multifamily
    $1,568,740
    Automotive / Energy
    $960,597
    Parking / Income-Based Land
    $330,803
    Restaurant / Food Service
    $562,042
    Healthcare / Senior Housing
    $1,104,520

Location Insight

City
Richmond
County
Wayne
State
Indiana
Latitude
39.8253
Longitude
-84.9274
CBSA code
39980
CBSA name
RICHMOND, 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
2022
$504
$12,700
$4,000
$16,700
-
$12,700
$4,000
$16,700

FAQs

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