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    241 Mcdaniel Ave Richmond, KY 40475

    • Apartment buildings
    • 188,426 SF
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 241 Mcdaniel Ave

    Lot size
    20.00 lot acres
    Property size
    188,426 SF
    Property type
    Apartment buildings

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.3218
    Latitude
    37.7274

    Comparable in this City

    • Value Estimation by Request

      108 Richmond Green Dr

      Multifamily properties
      108 Richmond Green Dr, Richmond, KY 40475
      View Details
    • Value Estimation by Request
      4,002 SF

      435 Gdn City Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,002 SF
      435 Gdn City Dr, Richmond, KY 40475-7938
      View Details
    • Value Estimation by Request
      4,060 SF

      428 Gdn City Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,060 SF
      428 Gdn City Dr, Richmond, KY 40475-7941
      View Details
    • Value Estimation by Request
      3,600 SF

      419 Jason Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,600 SF
      419 Jason Dr, Richmond, KY 40475-2085
      View Details
    • Value Estimation by Request
      5,776 SF

      535 Mahaffey Dr

      HIGH-RISE APARTMENTS • 5,776 SF
      535 Mahaffey Dr, Richmond, KY 40475-2436
      View Details
    • Value Estimation by Request
      4,144 SF

      240 Susan Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,144 SF
      240 Susan Dr, Richmond, KY 40475-3060
      View Details

    Similar Nearby for Sale

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      Richmond Duplex: Investment Opportunity

      Duplex near town, interstate, and EKU. 100% occupied.
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    • $279,900
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      Richmond, KY Duplex Investment

      Well-maintained duplex near EKU, Baptist Health, and I-75.
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      Richmond, KY Duplex Investment

      Well-maintained duplex near EKU, shopping, and dining.
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    Similar Nearby for Lease

    • $1,000 /Mo
      820 SF

      Commercial Space in Richmond, KY

      820 sq ft commercial space for rent in Richmond, KY.
      415 Geri Ln, Richmond, KY 40475
      View Details
    • $1,500 /Mo
      1,353 SF

      Commercial Land in Richmond, KY

      Commercial land for rent in Richmond, Kentucky, zoned B-3.
      305 Geri Ln Unit, Richmond, KY 40475
      View Details
    • $5,000 /Mo

      Richmond Land Development Opportunity

      Up to 12 acres available for sale or lease.
      I-75 Exit 95 / Boonesborough Rd, Richmond, KY 40475
      View Details
    • New
      $1,200 /Mo
      2,623 SF

      Richmond, KY Office Space

      Professional office space in prime location with high visibility.
      1232 Lancaster Ave Unit, Richmond, KY 40475
      View Details
    • $13 SF/Yr
      9,244 SF

      Richmond Office Space Available

      Multiple suites, 1,491-5,966 sq ft
      309-311 Spangler Dr, Richmond, KY 40475
      View Details
    • $1,800 /Mo
      1,950 SF

      Retail Space in Richmond, KY

      Retail property available for lease in Richmond, Kentucky.
      309 Steep St, Richmond, KY 40475
      View Details
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    241 Mcdaniel Ave
    Richmond, KY 40475
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    Realmo Value Estimation

    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.

    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.

    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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