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Property profile & analytics
OFF-MARKET
Estimated value
$4,325,000
Hotels
100 7th St Louisville, KY 40202-2704
Entity Owned
4-yr Hold
Free & Clear
Property ID
US34-0057357
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1900
Total area
79,558 SF
Lot
0.48 ac (20,996 SF)
Zoning code
C3-CENTRAL BUSINESS
APN
03014D01440000
UPID
US34-0057357
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.32M
CAP Approach
CAP
$4.61M
Comparable Approach
Comparable
$2.87M
Blend (final)
Blend
$4.33M
Owner & transaction history
700 Main Hotel LLC · 4 yrs held
700 Main Hotel LLC
since 2022
Last sale
$4.3M
1 recorded transaction
Zoning & alternative use
C3-CENTRAL BUSINESS · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,360,000
ML approach
$4,320,000
CAP Approach
CAP Return
Estimation
6%
$4,990,000
6.5%
$4,605,000
7%
$4,275,000
Blend value · Realmo final
$4.33M
Range $3.89M – $4.76M · ±10% · vs last sale $4.30M (Feb 25 2022)
Last sale anchor
$4.30M
Feb 25 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$54 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$173,746
Tax year 2023
Assessed value
$12,191,860
Assessed 2023
Previous assessed
$10,465,000
+16.5% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,558,090
Assessed improvement
$10,633,770
Land market value
$1,558,090
Improvement market value
$10,633,770
Total market value
$12,191,860
Applied tax rate
23.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1900
Heating
YES
Cooling
NONE
Stories
4
Total area
79,558 SF
Lot
0.48 ac (20,996 SF)
Zoning code
C3-CENTRAL BUSINESS
APN
03014D01440000
UPID
US34-0057357
Jurisdiction
JEFFERSON
Zoning & alternative use
C3-CENTRAL BUSINESS · Louisville, KY
Zoning C3-CENTRAL BUSINESS · permitted uses
C3-CENTRAL BUSINESS · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
4
Lot
0.48 ac
Current owner
From public records · entity-resolved
700 Main Hotel LLC
Entity
Free & Clear · 4 yrs held
Mailing address
710 W MAIN ST #3, LOUISVILLE, KY 40202-2698
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
$4,303,715
700 Main Hotel LLC
Aop Stony Brook LLC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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