Technical
Financial
Distress signals
Property profile

237 3rd St 39 Covington, KY 41011

OFF-MARKET
Investment properties
Property ID
US34-0243867
6,368 SF 0.09 ac lot Built 1900
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 6,368 SF
Lot 0.09 ac (3,895 SF)
APN 054-14-14-010.00
UPID US34-0243867

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

237 3rd St, Unit 39 Covington, KY 41011-1707
Covington metro Census 67000 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
$1.02M
Comparable Approach Comparable
$724k
Blend (final) Blend
$1.18M

Owner & transaction history

since 2022
Last sale
$1.3M
1 recorded transaction
2022
$1.3M

Zoning & alternative use

Top alternative use upside
Restaurant $840,000 +65.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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