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    Property profile & analytics

    11603 Shelbyville Rd, Unit U5 Middletown, KY 40243-1371

    • Office Properties & Spaces
    • 1,051 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US34-0398869
    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 Properties & Spaces

    Property Details for 11603 Shelbyville Rd

    Year built
    1982
    Lot size
    1.35 lot acres
    Property size
    1,051 SF
    Property type
    Office Properties & Spaces
    APN
    21174700B100U5
    APU
    21174700B100U5

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.5418
    Latitude
    38.2468
    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
    $1,631
    $0.00
    $140,830
    $140,830
    -
    $0.00
    $140,830
    $140,830

    Comparable in this City

    • Value Estimation by Request
      896 SF

      11603 Shelbyville Rd, Unit U2

      CONDOMINIUM OFFICES • 896 SF
      11603 Shelbyville Rd, Middletown, KY 40243-1371
      View Details
    • Value Estimation by Request
      1,326 SF

      321 Townepark Cirb00-r

      CONDOMINIUM OFFICES • 1,326 SF
      321 Townepark Cirb00-r, Middletown, KY 40243-2342
      View Details
    • Value Estimation
      $150,000
      854 SF

      406 Blankenbaker Pkwy Ste C2

      CONDOMINIUM OFFICES • 854 SF
      406 Blankenbaker Pkwy Ste C2, Douglass Hills, KY 40243-1881
      View Details
    • Value Estimation
      $700,000
      2,609 SF

      327 Townepark Cir Ste 200t

      CONDOMINIUM OFFICES • 2,609 SF
      327 Townepark Cir Ste 200t, Middletown, KY 40243-2347
      View Details
    • Value Estimation
      $430,000
      0.06 Acres

      11824 Ransum Dr, Unit 201

      CONDOMINIUM OFFICES • 0.06 Acres
      11824 Ransum Dr, Middletown, KY 40243-2802
      View Details
    • Value Estimation
      $380,000
      3,568 SF

      12802 Townepark Way2b-2

      CONDOMINIUM OFFICES • 3,568 SF
      12802 Townepark Way2b-2, Middletown, KY 40243-2308
      View Details

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    Middletown, KY 40243-1371
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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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