107 2Nd StRockport, IN 47635

Property Details for 107 2Nd St

Year built

1962

Construction

WOOD

Lot size

0.23 AC

Property size (Sq ft)

2,464 SF

Property type

Office properties

Property subtype

Other office properties

APN

74-15-26-102-015.000-018

APU

741526102015000018

Description

This exceptional 0.63-acre property at 107 N Second Street, Rockport, Indiana, offers a unique blend of commercial and residential potential. The building boasts stunning Ohio River views from its bluff-top location. Inside, you'll find a well-designed layout including four private offices, a comfortable break room, a fully finished basement, and a welcoming reception area. Three convenient half-bathrooms are strategically placed throughout the building. Ample parking is available on-site, ensuring convenience for employees or residents. The property's versatility is a key advantage

• CAP approach

  CAP return

  Valuation

  6%

  $425,661

  6.5%

  $392,918

  7%

  $364,852

• Comparable approach

  Method

  Valuation

  Relative Method

  $212,101

  Geo Method

  $212,101

• Alternative Use

  Use

  Valuation

  Residential

  $487,218

  Hospitality

  $446,289

  Educational

  $371,307

  Medical

  $384,077

  Retail

  $577,589

Location Insight

City

Rockport

County

Spencer

State

Indiana

Latitude

37.8834

Longitude

-87.0457

Property Tax & Assessments

FAQs

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