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Property profile & analytics
OFF-MARKET
Estimated value
$340,000
Sports & entertainment properties
12400 Osage Rd Anchorage, KY 40223-1525
Individually Owned
~
Est. High Equity
Property ID
US34-0304783
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1926
Total area
13,327 SF
Lot
28.46 ac (1,239,718 SF)
Zoning code
RE-RESIDENTIAL ESTATE
APN
21001400490000
UPID
US34-0304783
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
by Request
Blend (final)
Blend
$340k
Owner & transaction history
The Owl Creek Country Club
The Owl Creek Country Club
since 2025
7 recorded transactions
Zoning & alternative use
RE-RESIDENTIAL ESTATE · Anchorage, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+68.4%
Auto repair, garage
$1.2M
+49.4%
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 Anchorage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anchorage 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
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$825,000
Current use
RESTAURANT
$1,385,000
Change: +68% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,230,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$785,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$340k
Range $306k – $374k · ±10%
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
$26 / 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
$8,629
Tax year 2023
Assessed value
$2,168,000
Assessed 2023
Previous assessed
$2,168,000
+0.0% YoY
Effective rate
0.40%
On assessed value
Assessed land
$696,420
Assessed improvement
$1,471,580
Land market value
$696,420
Improvement market value
$1,471,580
Total market value
$2,168,000
Applied tax rate
20.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1926
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
13,327 SF
Lot
28.46 ac (1,239,718 SF)
Zoning code
RE-RESIDENTIAL ESTATE
APN
21001400490000
UPID
US34-0304783
Jurisdiction
JEFFERSON
Zoning & alternative use
RE-RESIDENTIAL ESTATE · Anchorage, KYZoning RE-RESIDENTIAL ESTATE · permitted uses
RE-RESIDENTIAL ESTATE · Anchorage, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$825,000
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$785,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1926
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
28.46 ac
Current owner
From public records · entity-resolved
The Owl Creek Country Club
Individual
Mailing address
PO BOX 23048, LOUISVILLE, KY 40223-0048
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
—
The Owl Creek Country Club
—
Deed
related
$400,000 · The German American Bank
Jan 21, 2025
—
The Owl Creek Country Club
—
Deed
related
$6,700,000 · The German American Bank
Jan 9, 2025
—
The Owl Creek Country Club
—
Deed
related
$300,000 · The German American Bank
Jul 3, 2018
—
Owl Creek Country Club
—
Deed
related
$350,000 · Commonwealth Bk
Jun 19, 2018
—
Owl Creek Country Club
—
Grant Deed
related
$1,200,000 · Commonwealth Bk
—
—
Owl Creek Country Club
—
Loan Modification
related
$1,199,900 · Commonwealth Bk
—
—
Owl Creek Country Club
—
Deed Of Trust
related
$350,000 · Commonwealth Bk
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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