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    Property profile & analytics

    248 Commerce Dr Monticello, KY 42633-7192

    • Manufacturing properties
    • 3,600 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1042720
    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

    • Manufacturing properties

    Property Details for 248 Commerce Dr

    Year built
    1999
    Construction
    WOOD
    Lot size
    2.00 lot acres
    Property size
    3,600 SF
    Property type
    Manufacturing properties
    APN
    040-00-00-010.05
    APU
    40000001005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wayne
    State
    Kentucky
    Longitude
    -84.907
    Latitude
    36.8051

    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
    $944
    $0.00
    $0.00
    $100,000
    -
    $0.00
    $0.00
    $100,000

    Comparable in this City

    • Value Estimation by Request
      1.37 Acres

      384 Hwy 3284

      MANUFACTURING (LIGHT) • 1.37 Acres
      384 Hwy 3284, Monticello, KY 42633-7385
      View Details
    • Value Estimation by Request
      6,250 SF

      499 Main St

      MANUFACTURING (LIGHT) • 6,250 SF
      499 Main St, Monticello, KY 42633-1138
      View Details
    • Value Estimation by Request
      9,750 SF

      100 Whispering Pnes Rd

      MANUFACTURING (LIGHT) • 9,750 SF
      100 Whispering Pnes Rd, Monticello, KY 42633-5397
      View Details
    • Value Estimation by Request
      40,000 SF

      6895 Hwy 90

      MANUFACTURING (LIGHT) • 40,000 SF
      6895 Hwy 90, Monticello, KY 42633-5881
      View Details
    • Value Estimation by Request
      3,288 SF

      288 Old Bethel Rd

      MANUFACTURING (LIGHT) • 3,288 SF
      288 Old Bethel Rd, Monticello, KY 42633
      View Details
    • Value Estimation by Request
      154,500 SF

      7677 Hwy 90

      MANUFACTURING (LIGHT) • 154,500 SF
      7677 Hwy 90, Monticello, KY 42633-2449
      View Details

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    248 Commerce Dr
    Monticello, KY 42633-7192
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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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