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    Property profile & analytics

    152 Commerce Dr Nicholasville, KY 40356-9028

    • Industrial properties
    • 19,200 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US34-0279196
    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

    • Party Central Inc / Party Equipment Rental Service
    • Goff Tents & Events / Party Equipment Rental Service / Linens Store
    • Goff Tents Manufacturing / Manufacturer

    Property Details for 152 Commerce Dr

    Lot size
    3.00 lot acres
    Property size
    19,200 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    067-00-00-133.00
    APU
    67000013300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $375,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $390,000
      Mixed-Use
      $445,000
      Hospitality
      $375,000
      Educational
      $375,000
      Residential Income
      $430,000
      Energy
      $375,000
      Income-Based Land
      $355,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Nicholasville
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.5433
    Latitude
    37.9362
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY 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
    $4,779
    $150,000
    $300,000
    $450,000
    -
    $150,000
    $300,000
    $450,000

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      2nd St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1.00 Acre
      2nd St, Nicholasville, KY 40356
      View Details
    • Value Estimation by Request
      24,079 SF

      977 Main St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 24,079 SF
      977 Main St, Nicholasville, KY 40356-2151
      View Details
    • Value Estimation by Request
      1,209 SF

      602 Main St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,209 SF
      602 Main St, Nicholasville, KY 40356-1026
      View Details
    • Value Estimation by Request
      1,944 SF

      216 Maple St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,944 SF
      216 Maple St, Nicholasville, KY 40356-1243
      View Details
    • Value Estimation by Request
      3,078 SF

      210 Maple St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,078 SF
      210 Maple St, Nicholasville, KY 40356-1592
      View Details
    • Value Estimation by Request
      2,240 SF

      Oak St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,240 SF
      Oak St, Nicholasville, KY 40356
      View Details

    Similar Nearby for Sale

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    • $365,000

      Office/Warehouse Condos Near Lexington

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      Nicholasville Industrial Facility For Sale

      17,359 SF industrial facility built in 2022 on 1 AC.
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      834,160 SF

      Southeastern US Self-Storage Portfolio

      Institutional-quality self-storage portfolio in Kentucky, South Carolina, and Florida.
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      Nicholasville Manufacturing/Warehouse Facility For Sale

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    Similar Nearby for Lease

    • $12 SF/Yr
      24,000 SF

      Nicholasville Industrial Flex Space

      Prime Lexington Submarket, 18,000 SF Available
      0 Main St, Nicholasville, KY 40356
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    • $12 SF/Yr
      7,500 SF

      Nicholasville Flex Warehouse Space

      New flex warehouse buildings designed for modern, scalable businesses.
      3177 Catnip Hill Rd, Nicholasville, KY 40356
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    • $12 SF/Yr
      12,000 SF

      Nicholasville Warehouse Space For Rent

      Warehouse space available in Nicholasville, Kentucky, with office and restroom.
      180 Zakk Ct, Nicholasville, KY 40356
      View Details
    • $12 SF/Yr
      12,000 SF

      Nicholasville Warehouse Space For Lease

      Warehouse space available in Nicholasville, Kentucky.
      180 Zakk Ct, Nicholasville, KY 40356
      View Details
    • New
      $14 SF/Yr
      10,908 SF

      Nicholasville Flex/Industrial Space Available

      Versatile flex/industrial space with showroom, office, and warehouse.
      107-109 Means Dr, Nicholasville, KY 40356
      View Details
    • $13 SF/Yr
      3,000 SF

      Prime Nicholasville Office Space

      Executive & medical suites available.
      100 John Sutherland Dr, Nicholasville, KY 40356
      View Details
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    152 Commerce Dr
    Nicholasville, KY 40356-9028
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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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