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    Property profile & analytics

    12047 Main St Martin, KY 41649-7813

    • Turn key restaurants
    • 5,416 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1162333
    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

    • Turn key restaurants

    Property Details for 12047 Main St

    Year built
    1940
    Lot size
    0.22 lot acres
    Property size
    5,416 SF
    Property type
    Turn key restaurants
    APN
    048-40-11-003.00
    APU
    48401100300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Martin
    County
    Floyd
    State
    Kentucky
    Longitude
    -82.7572
    Latitude
    37.5686

    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
    $1,331
    $0.00
    $0.00
    $120,000
    -
    $0.00
    $0.00
    $120,000

    Comparable in this City

    • Value Estimation by Request
      2,840 SF

      12613 Main St

      RESTAURANT • 2,840 SF
      12613 Main St, Martin, KY 41649-7401
      View Details
    • Value Estimation by Request
      2,850 SF

      Martin

      RESTAURANT • 2,850 SF
      Martin, Martin, KY 41649
      View Details
    • Value Estimation
      $80,000
      7,380 SF

      Martin

      DRIVE-THRU RESTAURANT, FAST FOOD • 7,380 SF
      Martin, Martin, KY 41649
      View Details
    • Value Estimation by Request
      2,232 SF

      Martin

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,232 SF
      Martin, Martin, KY 41649
      View Details
    • Value Estimation by Request
      1,500 SF

      Martin

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,500 SF
      Martin, Martin, KY 41649
      View Details
    • Value Estimation by Request
      2,176 SF

      Martin

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,176 SF
      Martin, Martin, KY 41649
      View Details

    Similar Nearby for Sale

    • $199,900
      4,116 SF

      Garage with Office and Storage

      Garage with office space, second-floor storage, and fenced lot.
      10018 Ky Route 1428, Martin, KY 41649
      View Details
    • $70,000
      22.00 Acres

      22 Acres in Floyd County

      22 acres of land ideal for hunting or homesteading.
      99999 Ky, Martin, KY 41649
      View Details
    • Contact for pricing
      0.25 Acres

      Floyd County Land For Sale

      0.25 acre lot available in Floyd County, Kentucky.
      Old Railroad St, Martin, KY 41649
      View Details
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    12047 Main St
    Martin, KY 41649-7813
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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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