3176 Hwy 2227Somerset, KY 42503

  • Retail properties
  • 560 SF
Off market
$6,111,560 Estimated
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Property Details for 3176 Hwy 2227

Year built
2004
Lot size
0.61 AC
Property size (Sq ft)
560 SF
Property type
Retail properties
APN
059-3-1-19
APU
593119

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $108,626
    6.5%
    $100,271
    7%
    $93,108.40
  • Comparable approach

    Method
    Valuation
    Relative Method
    $49,505.70
    Geo Method
    $50,133
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $194,085
    Mixed-Use / Specialty
    $100,500
    Hospitality / Lodging
    $74,497.80
    Office
    $100,514
    Institutional / Educational
    $104,689
    Residential Income
    $122,486
    Multifamily
    $143,650
    Automotive / Energy
    $89,733.70
    Parking / Income-Based Land
    $30,386.10
    Restaurant / Food Service
    $53,523.40
    Healthcare / Senior Housing
    $102,459

Location Insight

City
Somerset
County
Pulaski
State
Kentucky
Latitude
37.1373
Longitude
-84.6275
CBSA code
43700
CBSA name
SOMERSET, 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
0
-
$50,000
$125,000
$175,000
-
$50,000
$125,000
$175,000

FAQs

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