293 Cave Run LkSalt Lick, KY 40371

  • Commercial real estate
  • 2,592 SF
Off market
$10,018,800 Estimated

Property Details for 293 Cave Run Lk

Year built
1985
Construction
WOOD
Lot size
1.00 AC
Property size (Sq ft)
2,592 SF
Property type
Commercial real estate
APN
080-00-00-015.41
APU
80000001541

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $504,007
    6.5%
    $465,238
    7%
    $432,006

  • Comparable approach

    Method
    Valuation
    Relative Method
    $220,328
    Geo Method
    $321,900

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $898,336
    Retail / Commercial
    $464,110
    Mixed-Use / Specialty
    $465,172
    Hospitality / Lodging
    $344,818
    Office
    $465,238
    Institutional / Educational
    $484,562
    Residential Income
    $566,937
    Multifamily
    $664,894
    Automotive / Energy
    $415,339
    Parking / Income-Based Land
    $140,644
    Restaurant / Food Service
    $247,737
    Healthcare / Senior Housing
    $474,239

Location Insight

City
Salt Lick
County
Bath
State
Kentucky
Latitude
38.1317
Longitude
-83.5675
CBSA code
34460
CBSA name
MOUNT STERLING, KY 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
$396
-
-
$32,000
-
-
-
$32,000

Comparable in this City

  • 2366 Moores Fry

    COMMERCIAL (GENERAL) • 1.00 AC

    Estimated
    $10,018,800
    2366 Moores Fry
    Salt Lick, KY
    View Details

  • 12031 Hwy 60

    COMMERCIAL (GENERAL) • 1,200 SF

    12031 Hwy 60
    Salt Lick, KY
    View Details

  • Hwy 60

    COMMERCIAL (GENERAL) • 1,360 SF

    Estimated
    $11,822,230
    Hwy 60
    Salt Lick, KY
    View Details

  • 9243 Hwy 60

    COMMERCIAL (GENERAL) • 1.87 AC

    Estimated
    $18,735,110
    9243 Hwy 60
    Salt Lick, KY
    View Details

  • 8889 Hwy 60

    COMMERCIAL (GENERAL) • 1,600 SF

    Estimated
    $1,703,150
    8889 Hwy 60
    Salt Lick, KY
    View Details

  • 113 Main

    COMMERCIAL (GENERAL) • 0.90 AC

    Estimated
    $9,016,920
    113 Main
    Salt Lick, KY
    View Details

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Cave Run Lk
Salt Lick, KY 40371

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Salt Lick, KY 40371

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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