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    Property profile & analytics

    1116 Ashland Ave Louisville, KY 40215-2508

    • Office buildings
    • 840 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 11, 2022
    $54,750
    Location Intelligence
    Property ID
    US34-0274423
    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

    • Office buildings

    Property Details for 1116 Ashland Ave

    Year built
    1955
    Lot size
    0.05 lot acres
    Property size
    840 SF
    Zone code
    C1-COMMERCIAL
    Property type
    Office buildings
    APN
    11053F01140000
    APU
    11053F01140000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7797
    Latitude
    38.1862
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN 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
    $735
    $10,460
    $44,290
    $54,750
    -
    $10,460
    $44,290
    $54,750

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      1314 Sale Ave

      OFFICE BUILDING • 0.10 Acres
      1314 Sale Ave, Louisville, KY 40215-1907
      View Details
    • Value Estimation by Request
      0.15 Acres

      4708 Bellevue Ave

      OFFICE BUILDING • 0.15 Acres
      4708 Bellevue Ave, Louisville, KY 40215
      View Details
    • Value Estimation
      $175,000
      1,270 SF

      3600 Taylor Blvd

      OFFICE BUILDING • 1,270 SF
      3600 Taylor Blvd, Louisville, KY 40215-2611
      View Details
    • Value Estimation
      $180,000
      3,512 SF

      1106 Ashland Ave

      OFFICE BUILDING • 3,512 SF
      1106 Ashland Ave, Louisville, KY 40215-2508
      View Details
    • Value Estimation
      $1,045,000
      11,509 SF

      4214 La Salle Ave

      OFFICE BUILDING • 11,509 SF
      4214 La Salle Ave, Louisville, KY 40215-1116
      View Details
    • Value Estimation by Request
      0.15 Acres

      3319 Taylor Blvd

      OFFICE BUILDING • 0.15 Acres
      3319 Taylor Blvd, Louisville, KY 40215-2632
      View Details

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    1116 Ashland Ave
    Louisville, KY 40215-2508
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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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