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    Property profile & analytics

    115 Main St New Castle, KY 40050-2540

    • Commercial real estate
    • 1,250 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1242443
    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

    • Bowman Automotivle, LLC / Car Dealer
    • Bowman Automotive, LLC / Car Dealer

    Property Details for 115 Main St

    Property size
    1,250 SF
    Property type
    Commercial real estate
    APN
    028-30-04-002.00
    APU
    28300400200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Henry
    State
    Kentucky
    Longitude
    -85.1703
    Latitude
    38.4342
    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
    $625
    $0.00
    $0.00
    $54,500
    -
    $0.00
    $0.00
    $54,500

    Comparable in this City

    • Value Estimation by Request

      50 Adams St

      COMMERCIAL (GENERAL)
      50 Adams St, New Castle, KY 40050-3022
      View Details
    • Value Estimation
      $280,000
      2,016 SF

      241 Main St

      COMMERCIAL (GENERAL) • 2,016 SF
      241 Main St, New Castle, KY 40050-2572
      View Details
    • Value Estimation by Request
      660 SF

      425 Main St

      COMMERCIAL (GENERAL) • 660 SF
      425 Main St, New Castle, KY 40050-2546
      View Details
    • Value Estimation by Request
      1,306 SF

      42 Main St

      COMMERCIAL (GENERAL) • 1,306 SF
      42 Main St, New Castle, KY 40050
      View Details
    • Value Estimation
      $1,215,000
      1.75 Acres

      602 Eminence Rd

      COMMERCIAL (GENERAL) • 1.75 Acres
      602 Eminence Rd, New Castle, KY 40050-5722
      View Details
    • Value Estimation by Request
      12.00 Acres

      Lagrange Rd

      COMMERCIAL (GENERAL) • 12.00 Acres
      Lagrange Rd, New Castle, KY 40050
      View Details

    Similar Nearby for Sale

    • $1,150,000
      151.30 Acres

      Kentucky Cattle Farm on 151 Acres

      151.3 acre working cattle farm in Henry County, Kentucky.
      1279 Campbellsburg Rd, New Castle, KY 40050
      View Details
    • $145,000
      5.50 Acres

      Land For Sale in Kentucky

      Two land tracts being sold jointly in New Castle, KY.
      Lagrange Rd, New Castle, KY 40050
      View Details
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    115 Main St
    New Castle, KY 40050-2540
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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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