5900 Timber RdgProspect, KY 40059

  • Retail properties
  • 11,208 SF
Off market
$3,000,000 Estimated

Property Details for 5900 Timber Rdg

Year built
2000
Lot size
2.01 AC
Property size (Sq ft)
11,208 SF
Zone code
CN-NEIGHBORHOOD COMMERCIA
Property type
Retail properties
Property subtype
Retail space
APN
213304003B0000
APU
213304003B0000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,941,303
    6.5%
    $2,715,049
    7%
    $2,521,117
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,431,257
    Geo Method
    $2,431,257
  • Alternative Use

    Use
    Valuation
    Residential
    $2,290,245
    Hospitality
    $2,097,852
    Educational
    $1,745,388
    Medical
    $1,805,415
    Retail
    $2,715,049
5900 Timber Rdg, Prospect, Kentucky

Location Insight

City
Prospect
County
Jefferson
State
Kentucky
Latitude
38.3381
Longitude
-85.6213
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN 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
$34,740
$1,200,000
$1,800,000
$3,000,000
-
$1,200,000
$1,800,000
$3,000,000

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