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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Retail space
2714 Crums Ln Shively, KY 40216-3633
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US34-0397004
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Total area
7,394 SF
Lot
1.2 ac (52,403 SF)
Zoning code
C1-COMMERCIAL
APN
25124000100000
UPID
US34-0397004
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$590k
Owner & transaction history
Shreya Properties LLC · 5 yrs held
Shreya Properties LLC
since 2020
Last sale
$605,000
4 recorded transactions
Zoning & alternative use
C1-COMMERCIAL · Shively, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$860,000
+37.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shively submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shively submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$600,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$630,000
Current use
OFFICE BUILDING
$860,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$560,000
Change: -11% · Conversion: Easy
WAREHOUSE, STORAGE
$540,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $605k (Oct 30 2020)
Last sale anchor
$605k
Oct 30 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$80 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,038
Tax year 2023
Assessed value
$605,000
Assessed 2023
Previous assessed
$605,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$154,620
Assessed improvement
$450,380
Land market value
$154,620
Improvement market value
$450,380
Total market value
$605,000
Applied tax rate
24.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1962
Heating
YES
Cooling
YES
Stories
1
Total area
7,394 SF
Lot
1.2 ac (52,403 SF)
Zoning code
C1-COMMERCIAL
APN
25124000100000
UPID
US34-0397004
Jurisdiction
JEFFERSON
Zoning & alternative use
C1-COMMERCIAL · Shively, KY
Zoning C1-COMMERCIAL · permitted uses
C1-COMMERCIAL · Shively, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shively. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$630,000
OFFICE BUILDING
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$560,000
WAREHOUSE, STORAGE
Est. value
$540,000
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Heating
YES
Cooling
Yes
Stories
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Shreya Properties LLC
Entity
Mailing address
19007 LONG GRV WAY, LOUISVILLE, KY 40245-6236
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Dhir Crums Lane Corporation INC
—
Deed
related
$1,012,500 · Republic Bank & Trust Co
Jan 3, 2024
—
Shreya Properties LLC
—
Deed
related
$500,000 · Wesbanco Bank INC
Oct 30, 2020
$605,000
Shreya Properties LLC
Wmw Ents LLC
Warranty Deed
$600,000 · Webanco Bk INC
Jan 14, 2014
$595,000
Wmw Ents LLC
Wessel,juanita V & Robert P SR
Grant Deed
$604,116 · South Ctrl Bk/hardin Cnty INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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