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    Property profile & analytics

    110 Richmond Rd Manchester, KY 40962-1207

    • Retail space
    • 9,233 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Mar 05, 2024
    $400,000
    Location Intelligence
    Property ID
    US34-0997959
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rawlings & Goins Furniture / Furniture Store / Home Goods Store
    • Wise Insurance Group / Insurance Agency

    Property Details for 110 Richmond Rd

    Year built
    1941
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Property size
    9,233 SF
    Property type
    Retail space
    APN
    082-42-04-001.00
    APU
    82420400100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $315,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $300,000
      Mixed-Use
      $385,000
      Hospitality
      $325,000
      Educational
      $385,000
      Residential Income
      $295,000
      Energy
      $345,000
      Income-Based Land
      $340,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Clay
    State
    Kentucky
    Longitude
    -83.7627
    Latitude
    37.155
    CBSA code
    30940
    CBSA name
    LONDON, KY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $716
    $0.00
    $0.00
    $60,000
    -
    $0.00
    $0.00
    $60,000

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      71 Swafford St

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      71 Swafford St, Manchester, KY 40962-7500
      View Details
    • Value Estimation by Request
      4,402 SF

      Anderson St

      RETAIL STORES (PERSONAL SERVICES) • 4,402 SF
      Anderson St, Manchester, KY 40962
      View Details
    • Value Estimation by Request
      4,180 SF

      2578 Hwy 421

      RETAIL STORES (PERSONAL SERVICES) • 4,180 SF
      2578 Hwy 421, Manchester, KY 40962-7554
      View Details
    • Value Estimation by Request
      7,496 SF

      6413 Hwy 421

      RETAIL STORES (PERSONAL SERVICES) • 7,496 SF
      6413 Hwy 421, Manchester, KY 40962-6689
      View Details
    • Value Estimation by Request
      1,144 SF

      530 Muddy Gap Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,144 SF
      530 Muddy Gap Rd, Manchester, KY 40962-7279
      View Details
    • Value Estimation by Request
      864 SF

      Hwy 421

      RETAIL STORES (PERSONAL SERVICES) • 864 SF
      Hwy 421, Manchester, KY 40962
      View Details

    Similar Nearby for Sale

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    • $317,000
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      Commercial Lot in Manchester, KY

      One-acre commercial lot in high-visibility Manchester, KY location.
      421 Richmond Rd, Manchester, KY 40962
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    • $285,000
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      Commercial Land on State Highway

      3.41 acres of commercial land with high visibility.
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    Request Owner's contact information
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    110 Richmond Rd
    Manchester, KY 40962-1207
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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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