Realmo Analytics
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Property summary
This iconic, four-story building at 1638 Winchester Avenue in Ashland, Kentucky, presents a unique investment opportunity. Built in 1917, this approximately 10,000-15,000 square foot structure, primarily constructed of concrete and steel, boasts a rich history as a department store, restaurant, and bar (formerly Corbie's and the Jockey Club, and known historically as the Parsons Furniture building). Located on a corner lot in a revitalizing downtown area with increasing foot traffic and a… nearly completed streetscape, the property benefits from its placement within an Opportunity Zone. The building features approximately 7,100 square feet per floor (excluding the basement, which is approximately 5,500 square feet). While the windows are currently covered (except for the rear), they remain intact. Two elevators (one freight, one passenger) are present but require service/repair. The asking price is $995,000, with an occupancy date of August 14, 2024. This landmark property offers immense potential for various uses, including a boutique hotel, luxury apartments, vibrant retail spaces, or any other vision an investor may have. Its prime location and historic character make it a cornerstone of downtown Ashland, ready for a creative reimagining that preserves its unique charm and maximizes its investment potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Stories
- 3
- APN
- 030-13-15-002.00
- Zoning
- COMMERCIAL
- Assessed value · 2023
- $325,000
- Annual tax · 2023
- $1,966
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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