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    Property profile & analytics

    236 Mt Vernon St Somerset, KY 42501-1413

    • Retail space
    • 3,200 SF
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US34-0588895
    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

    • Somerset / Chamber Of Commerce

    Property Details for 236 Mt Vernon St

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    3,200 SF
    Property type
    Retail space
    APN
    061-7-1-10
    APU
    617110

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $185,000
      7%
      $170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $145,000
      Mixed-Use
      $165,000
      Hospitality
      $185,000
      Educational
      $200,000
      Residential Income
      $160,000
      Energy
      $195,000
      Income-Based Land
      $165,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.6029
    Latitude
    37.093
    CBSA code
    43700
    CBSA name
    SOMERSET, KY MICROPOLITAN 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
    0
    $0.00
    $179,000
    $0.00
    $179,000
    -
    $179,000
    $0.00
    $179,000

    Comparable in this City

    • Value Estimation by Request

      501 Monticello St

      RETAIL STORES (PERSONAL SERVICES)
      501 Monticello St, Somerset, KY 42501-2943
      View Details
    • Value Estimation by Request
      4.50 Acres

      4150 Hwy 27

      RETAIL STORES (PERSONAL SERVICES) • 4.50 Acres
      4150 Hwy 27, Somerset, KY 42501-6400
      View Details
    • Value Estimation by Request
      25.00 Acres

      4150 Hwy 27

      RETAIL STORES (PERSONAL SERVICES) • 25.00 Acres
      4150 Hwy 27, Somerset, KY 42501-6400
      View Details
    • Value Estimation by Request
      3,560 SF

      411 Hwy 192

      RETAIL STORES (PERSONAL SERVICES) • 3,560 SF
      411 Hwy 192, Somerset, KY 42501-7741
      View Details
    • Value Estimation by Request
      15,660 SF

      3311 Hwy 27

      RETAIL STORES (PERSONAL SERVICES) • 15,660 SF
      3311 Hwy 27, Somerset, KY 42501-3179
      View Details
    • Value Estimation by Request
      9,500 SF

      77 Hwy 27

      RETAIL STORES (PERSONAL SERVICES) • 9,500 SF
      77 Hwy 27, Somerset, KY 42501-1764
      View Details

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    Similar Nearby for Lease

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      3,000 SF

      Retail Space Near Somerset Mall

      3,000 sq ft retail space in high-traffic area for lease.
      4360 Unit, Somerset, KY 42501
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      Large retail space available for lease on Highway 27.
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    • Contact for pricing
      293,613 SF

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    • $1,890 /Mo
      1,250 SF

      Retail Space For Rent

      Retail space with utility room, bathrooms, and kitchen.
      55 Slate Br Rd Unit, Somerset, KY 42501
      View Details
    • $3,500 /Mo
      5,000 SF

      Versatile Commercial Property on 4.33 Acres

      5,000 sq ft commercial building with storage units for rent.
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    • $1.00 SF/Yr
      435,600 SF

      Prime Land For Lease

      10 acres in Somerset with utilities and railroad access.
      814 W Columbia St, Somerset, KY 42501
      View Details

    Property Visit Statistics

    • Visits by month
      2.2k
    • Visitors by month
      1.6k
    • Avg Time on site
      32 min
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    236 Mt Vernon St
    Somerset, KY 42501-1413
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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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