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Property profile & analytics
OFF-MARKET
Retail space
10505 Meeting St, Prospect, KY 40059-7591
Individually Owned
~
Est. High Equity
Property ID
US34-0364536
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Lot
0.06 ac (2,400 SF)
Zoning code
PVD-PLANNED VILLAGE DEV
APN
21384604340000
UPID
US34-0364536
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
Current use
Occupant on record · Public records
-
Kentucky Arts Academy Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jeff Issis
Jeff Issis
since 2025
7 recorded transactions
Zoning & alternative use
PVD-PLANNED VILLAGE DEV · Prospect, 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 Prospect submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prospect 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,914
Tax year 2023
Assessed value
$769,760
Assessed 2023
Previous assessed
$769,760
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$100,800
Assessed improvement
$668,960
Land market value
$100,800
Improvement market value
$668,960
Total market value
$769,760
Applied tax rate
20.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Heating
NONE
Lot
0.06 ac (2,400 SF)
Zoning code
PVD-PLANNED VILLAGE DEV
APN
21384604340000
UPID
US34-0364536
Jurisdiction
JEFFERSON
Zoning & alternative use
PVD-PLANNED VILLAGE DEV · Prospect, KY
Zoning PVD-PLANNED VILLAGE DEV · permitted uses
PVD-PLANNED VILLAGE DEV · Prospect, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Prospect. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Lot
0.06 ac
Current owner
From public records · entity-resolved
Jeff Issis
Individual
Mailing address
10505 MEETING ST, PROSPECT, KY 40059-7591
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2026
—
Jeff Issis
—
Deed
related
$130,250 · Liberty FCU
Nov 12, 2025
$1,212,500
Jeff Issis
Joseph P Thomas
Warranty Deed
$970,000 · Liberty FCU
Jan 19, 2022
—
Joseph Thomas
—
Deed
related
$580,000 · Evansville Teachers FCU
Jun 19, 2020
—
Joseph P Thomas
—
Deed
related
$500,000 · Evansville Teachers FCU
Jun 21, 2019
—
Joseph P Thomas
—
Deed
related
$478,634 · Liberty Fin'l
Feb 5, 2019
$766,300
Steven P Shaffer
Leo Thieneman & Sons LLC
Grant Deed
$450,000 · Republic Bk&tr
Jun 12, 2018
$162,154
Leo Thieneman & Sons LLC
Norton Commons LLC
Grant Deed
—
Nov 22, 2017
—
Joseph P Thomas
—
Deed
related
$419,800 · First Liberty Fin'l Mtg
Mar 15, 2017
$558,071
Joseph P Thomas
Mastercraft Homes INC
Grant Deed
$417,000 · First Liberty Fin'l Mtg
Mar 3, 2016
$60,250
Master-craft Homes LLC
Norton Commons LLC
Grant Deed
—
—
—
Joseph P Thomas
—
Deed Of Trust
related
$478,634 · Liberty Fin'l
—
—
Joseph P Thomas
—
Deed Of Trust
related
$500,000 · Evansville Teachers FCU
—
—
Joseph P Thomas
—
Deed Of Trust
related
$419,800 · First Liberty Fin'l Mtg
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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