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    Property profile & analytics

    164 Levisa Rd Mouthcard, KY 41548

    • Retail properties
    • 10,542 SF
    • 0.99 lot acres
    For Sale
    View listing
    $1,326,028
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar General / Drug Store / Grocery Store

    Property Details for 164 Levisa Rd

    Year built
    2022
    Lot size
    0.99 lot acres
    Property size
    10,542 SF
    Property type
    Retail properties
    Property subtype
    Grocery and convenience stores

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mouthcard
    County
    Pike
    State
    Kentucky
    Longitude
    -82.2555
    Latitude
    37.3853

    Comparable in this City

    • Value Estimation by Request
      720 SF

      745 Levisa Rd

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      745 Levisa Rd, Mouthcard, KY 41548-8122
      View Details
    • Value Estimation by Request
      840 SF

      24965 Levisa Rd

      RESTAURANT • 840 SF
      24965 Levisa Rd, Mouthcard, KY 41548-8303
      View Details
    • Value Estimation by Request
      1,050 SF

      Meta At Johns Crk

      WAREHOUSE, STORAGE • 1,050 SF
      Meta At Johns Crk, Mouthcard, KY 41548
      View Details
    • Value Estimation by Request
      1,375 SF

      Mouthcard

      LUMBERYARD, BUILDING MATERIALS • 1,375 SF
      Mouthcard, Mouthcard, KY 41548
      View Details
    • Value Estimation by Request

      25420 Levisa Rd

      COMMERCIAL (GENERAL)
      25420 Levisa Rd, Mouthcard, KY 41548-8304
      View Details
    • Value Estimation by Request
      4,956 SF

      327 Little Card Rd

      WAREHOUSE, STORAGE • 4,956 SF
      327 Little Card Rd, Mouthcard, KY 41548-8103
      View Details

    Similar Nearby for Sale

    • $1,326,028
      10,542 SF

      164 Levisa Rd

      Individual retail properties • 10,542 SF
      164 Levisa Rd, Mouthcard, KY 41548
      View Details
    • $1,298,210

      Dollar General Investment Opportunity

      New Dollar General in Mouthcard, KY with corporate guarantee.
      164 North Levisa Rd, Mouthcard, KY 41548
      View Details
    • $130,000
      98.00 Acres

      98 Acres Residential Land

      98 acres of residential land with utility hookups in Mouthcard,KY.
      00 Childress Rd, Mouthcard, KY 41548
      View Details
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    164 Levisa Rd
    Mouthcard, KY 41548
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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.

    More about this property
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