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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Retail space
1157 4th St Louisville, KY 40203-3101
Entity Owned
~
Est. High Equity
Property ID
US34-0038708
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Total area
11,603 SF
Lot
0.48 ac (20,700 SF)
Zoning code
TNZD-TRADITIONAL NEIGHBOR
APN
08029K00790000
UPID
US34-0038708
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$499k
Blend (final)
Blend
$735k
Owner & transaction history
M Knox Txt502526 5276 LLC
M Knox Txt502526 5276 LLC
since 2025
Last sale
$925,000
4 recorded transactions
Zoning & alternative use
TNZD-TRADITIONAL NEIGHBOR · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $925k (Nov 26 2025)
Last sale anchor
$925k
Nov 26 2025
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
$63 / 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
$6,124
Tax year 2023
Assessed value
$456,370
Assessed 2023
Previous assessed
$367,980
+24.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$56,290
Assessed improvement
$400,080
Land market value
$56,290
Improvement market value
$400,080
Total market value
$456,370
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1922
Heating
YES
Cooling
YES
Stories
1
Total area
11,603 SF
Lot
0.48 ac (20,700 SF)
Zoning code
TNZD-TRADITIONAL NEIGHBOR
APN
08029K00790000
UPID
US34-0038708
Jurisdiction
JEFFERSON
Zoning & alternative use
TNZD-TRADITIONAL NEIGHBOR · Louisville, KY
Zoning TNZD-TRADITIONAL NEIGHBOR · permitted uses
TNZD-TRADITIONAL NEIGHBOR · 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
1922
Heating
YES
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
M Knox Txt502526 5276 LLC
Entity
Mailing address
474 LIGHTFOOT RD, LOUISVILLE, KY 40207-1854
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
$925,000
M Knox Txt502526 5276 LLC
Urban Developments INC
Warranty Deed
$925,000 · South Central Bank
Jun 27, 2017
—
Urban Dev INC
Fourth & Oak Rentals LLC
Quit Claim Deed
related
—
May 9, 2016
—
Fourth & Oak Rentals LLC
Urban Dev INC
Quit Claim Deed
related
—
—
—
Urban Dev INC
—
Loan Modification
related
$550,000 · Stock Yards Bank
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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