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    Property profile & analytics

    251 Ridgecrest Dr Lancaster, KY 40444-7244

    • Retail properties
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1219518
    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

    • Retail properties

    Property Details for 251 Ridgecrest Dr

    Year built
    2011
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property type
    Retail properties
    APN
    04-08.49
    APU
    40849

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Garrard
    State
    Kentucky
    Longitude
    -84.6796
    Latitude
    37.7466

    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
    $1,277
    $20,000
    $100,000
    $120,000
    -
    $20,000
    $100,000
    $120,000

    Comparable in this City

    • Value Estimation by Request
      20,000 SF

      150 Pleasant Retreat Dr

      Neighborhood centers • 20,000 SF
      150 Pleasant Retreat Dr, Lancaster, KY 40444
      View Details
    • Value Estimation by Request
      19.76 Acres

      817 Canoe Crk Rd

      PRINTER - RETAIL • 19.76 Acres
      817 Canoe Crk Rd, Lancaster, KY 40444-6911
      View Details
    • Value Estimation by Request

      323 Danville St

      CONVENIENCE STORE
      323 Danville St, Lancaster, KY 40444-1030
      View Details
    • Value Estimation by Request
      0.85 Acres

      235 Lexington St

      RESTAURANT • 0.85 Acres
      235 Lexington St, Lancaster, KY 40444-1172
      View Details
    • Value Estimation by Request

      100 Baker Ave

      LAUNDROMAT (SELF-SERVICE)
      100 Baker Ave, Lancaster, KY 40444-1348
      View Details
    • Value Estimation by Request

      160 Pleasant Retreat Dr

      WHOLESALE OUTLET, DISCOUNT STORE
      160 Pleasant Retreat Dr, Lancaster, KY 40444-9561
      View Details

    Similar Nearby for Sale

    • $189,000
      Pending

      Mixed-Use Property in Lancaster, KY

      Mixed-use property featuring retail and residential potential in Lancaster, KY.
      1 Public Sq, Lancaster, KY 40444
      View Details
    • New
      $185,000
      Pending

      Former Gas Station/Market Opportunity

      Large building, parking, and corner lot included in sale.
      103 Baker Ave, Lancaster, KY 40444
      View Details
    • $154,900
      3.66 Acres

      Land in Garrard County, Kentucky

      3.66 acre lot in a quiet, safe country location.
      5 Poor House Rd, Lancaster, KY 40444
      View Details
    • $154,900
      3.64 Acres

      Land in Garrard County, KY

      3.64 acre lot in a quiet, safe country location.
      9 Poor House Rd, Lancaster, KY 40444
      View Details
    • $55,000
      1.02 Acres

      Residential Land in Lancaster, KY

      1.02-acre lot perfect for building a custom home.
      254 River Run Dr, Lancaster, KY 40444
      View Details
    • $45,000
      1.50 Acres

      Residential Land Near Lake Herrington

      1.504 acre lot near Lake Herrington and golf course.
      271 Donmar Dr, Lancaster, KY 40444
      View Details
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    251 Ridgecrest Dr
    Lancaster, KY 40444-7244
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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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