11435 Hwy 60Salt Lick, KY 40371

  • Turn key restaurants
  • 2,304 SF
Off market
$1,202,210 Estimated

Property Details for 11435 Hwy 60

Year built
2004
Construction
STEEL FRAME
Lot size
0.12 AC
Property size (Sq ft)
2,304 SF
Property type
Turn key restaurants
APN
080-20-05-001.01
APU
80200500101

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $446,920
    6.5%
    $412,542
    7%
    $383,075

  • Comparable approach

    Method
    Valuation
    Relative Method
    $203,681
    Geo Method
    $297,579

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $798,521
    Mixed-Use / Specialty
    $413,486
    Hospitality / Lodging
    $306,505
    Office
    $413,545
    Institutional / Educational
    $430,722
    Residential Income
    $503,944
    Multifamily
    $591,017
    Automotive / Energy
    $369,190
    Parking / Income-Based Land
    $125,017
    Restaurant / Food Service
    $220,211
    Healthcare / Senior Housing
    $421,546

Location Insight

City
Salt Lick
County
Bath
State
Kentucky
Latitude
38.1311
Longitude
-83.5816
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
$984
-
-
$79,650
-
-
-
$79,650

Comparable in this City

  • 11295 Hwy 60

    RESTAURANT • 2,216 SF

    Estimated
    $5,009,400
    11295 Hwy 60
    Salt Lick, KY
    View Details

  • 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

    PROFESSIONAL BUILDING • 4,820 SF

    Estimated
    $14,026,320
    Hwy 60
    Salt Lick, KY
    View Details

  • Hwy 60

    PROFESSIONAL BUILDING • 3,200 SF

    Estimated
    $31,589,350
    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

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Hwy 60
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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