5977 MerchantsBurlington, KY 41005

  • Auto shops
  • 2,224 SF
Off market
$7,744,560 Estimated

Property Details for 5977 Merchants

Year built
2008
Construction
CONCRETE
Lot size
0.77 AC
Property size (Sq ft)
2,224 SF
Property type
Auto shops
APN
061.00-18-018.00
APU
61001801800

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $361,975
    6.5%
    $334,131
    7%
    $310,264
  • Comparable approach

    Method
    Valuation
    Relative Method
    $287,246
    Geo Method
    $287,246
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $636,235
    Mixed-Use / Specialty
    $339,143
    Hospitality / Lodging
    $256,896
    Office
    $343,590
    Institutional / Educational
    $354,790
    Residential Income
    $415,104
    Multifamily
    $463,461
    Automotive / Energy
    $304,105
    Parking / Income-Based Land
    $98,813.90
    Restaurant / Food Service
    $189,631
    Healthcare / Senior Housing
    $341,423

Location Insight

City
Burlington
County
Boone
State
Kentucky
Latitude
39.0078
Longitude
-84.6571
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-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
$7,553
$298,550
$385,650
$684,200
-
$298,550
$385,650
$684,200

FAQs

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