2109 BelmontRichmond, KY 40475

Property Details for 2109 Belmont

Property size (Sq ft)

23,750 SF

Property type

Hospitality properties

Property subtype

Motels

APN

054C-0001-0007

APU

054C00010007

• CAP approach

  CAP return

  Valuation

  6%

  $4,628,310

  6.5%

  $4,272,286

  7%

  $3,967,123

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,744,228

  Geo Method

  $4,804,340

• Alternative Use

  Use

  Valuation

  Residential

  $4,664,096

  Hospitality

  $4,272,286

  Educational

  $3,554,492

  Medical

  $3,676,736

  Retail

  $5,529,210

Location Insight

City

Richmond

County

Madison

State

Kentucky

Latitude

37.7775

Longitude

-84.3199

CBSA code

40080

CBSA name

RICHMOND-BEREA, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $1,350,000
• Tax year
  2023
• Tax bill
  $13,095

FAQs

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