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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Sports & entertainment properties
1311 Blackthorn Rd Louisville, KY 40299-4884
Entity Owned
11-yr Hold
Free & Clear
Property ID
US34-0355455
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2006
Total area
2,052 SF
Lot
1.62 ac (70,480 SF)
Zoning code
R4-RESIDENTIAL SINGLE FAM
APN
22364700820000
UPID
US34-0355455
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
Current use
Occupant on record · Public records
-
Willow Gate Clubhouse Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$255k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$255k
Owner & transaction history
Willowgate Community Assn INC · 11 yrs held
Willowgate Community Assn INC
since 2014
4 recorded transactions
Zoning & alternative use
R4-RESIDENTIAL SINGLE FAM · 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
$255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$255k
Range $230k – $281k · ±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
$124 / 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
$4,346
Tax year 2023
Assessed value
$375,300
Assessed 2023
Previous assessed
$375,300
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$180,000
Assessed improvement
$195,300
Land market value
$180,000
Improvement market value
$195,300
Total market value
$375,300
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
2006
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
2,052 SF
Lot
1.62 ac (70,480 SF)
Zoning code
R4-RESIDENTIAL SINGLE FAM
APN
22364700820000
UPID
US34-0355455
Jurisdiction
JEFFERSON
Zoning & alternative use
R4-RESIDENTIAL SINGLE FAM · Louisville, KYZoning R4-RESIDENTIAL SINGLE FAM · permitted uses
R4-RESIDENTIAL SINGLE FAM · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Willowgate Community Assn INC
Entity
Free & Clear · 11 yrs held
Mailing address
1311 BLACKTHORN RD, LOUISVILLE, KY 40299-4884
Ownership since
2014
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 18, 2014
—
Willowgate Community Assn INC
Donnelly Hagan Dev LLC
Quit Claim Deed
related
—
—
—
Donnelly Hagan Dev LLC
—
Deed Of Trust
related
$600,000 · Hagan Fam LP
—
—
Donnelly Hagan Dev LLC
—
Loan Modification
related
—
—
—
Donnelly Hagan Dev LLC
—
Deed Of Trust
related
$180,000 · Joe Guy Hagan Irr Life/tr (ct)
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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