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    Calvert City Two-Story Professional Building Title is generated by Realmo AI

    78 Ash Street, Calvert City, KY 42029

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    For Sale
    $247,000

    Commercial, 2 Story - Calvert City, KY

    Added:
    May 15, 2026
    Days on Market:
    4
    Last Refresh:
    May 18 at 1:06 pm

    Property Features for 78 Ash Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Basement Y/N
    1
    Standard status
    Active

    Building Details

    Floors in Building
    2
    Flooring type
    Laminate
    Architectural style
    Other

    We can help!

    Listing Contact
    Sally Moser

    Listing agent Sally Moser License #267649

    Listing office EXIT REALTY KEY GROUP PADUCAH 222 Kentucky Avenue St 104, Paducah, KY

    Listing date May 15, 2026

    MLS# 134221 Listing URL

    Copyright © 2026 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Adaptable two‑story professional building ideal for medical, union hall, tech, or executive office use.
    • Lower level features a spacious meeting area with kitchenette and a workshop with 25+ power/data outlets.
    • 12+ parking spaces with full drive‑around access included.
    • Dedicated server closet with its own A/C.
    • Upgraded with hardwood floors, LED lighting, and smart thermostats.
    • Large conference room, multiple private offices, break room, and ample storage on the upper level.

    Overview

    This two-story professional building in Calvert City, KY, is suitable for medical, union hall, tech, or executive office use. The building features a reception area, an executive corner office, and open work areas with natural light. The upstairs area includes a large conference room, multiple private offices, a break room, a restroom, and storage space. The lower level offers a meeting area with a kitchenette, additional offices, a workshop with wall-to-wall counters, over 25 power/data outlets, and a dedicated server closet with its own air conditioning. A deluxe bath includes dual sinks, a shower, and a tub. Upgrades include hardwood floors, LED lighting, and smart thermostats. There are over 12 parking spaces with full drive-around access. The property is tech-ready and adaptable to various uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Calvert City
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.349952
    Latitude
    37.030389

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    FAQs

    What type of property is this?
    Office building - Two-story commercial building suitable for office or medical use.
    Where is this office building located?
    The property is located at 78 Ash Street Calvert City, KY.
    What is the asking price?
    The asking price for this property is $247,000.
    What are key features of this property?
    This property features: Adaptable two‑story professional building ideal for medical, union hall, tech, or executive office use.; Lower level features a spacious meeting area with kitchenette and a workshop with 25+ power/data outlets.; 12+ parking spaces with full drive‑around access included.
    (270) 556-3742
    We can help!
    Listing Contact
    Sally Moser
    Real Estate License ID: 267649
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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