Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office buildings
2720 Cedar Pt Rd Crestwood, KY 40014-9507
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US34-1277338
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Construction
FRAME
Total area
2,569 SF
Lot
2.07 ac (90,343 SF)
APN
22-00-00-16I
UPID
US34-1277338
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
$745k
CAP Approach
CAP
$520k
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$665k
Owner & transaction history
Seth Berry · 3 yrs held
Seth Berry
since 2022
Last sale
$762,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Crestwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crestwood 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
$650,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$565,000
6.5%
$520,000
7%
$480,000
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $762k (Oct 20 2022)
Last sale anchor
$762k
Oct 20 2022
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
$259 / 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
$9,502
Tax year 2023
Assessed value
$762,000
Assessed 2023
Previous assessed
$497,500
+53.2% YoY
Effective rate
1.25%
On assessed value
Assessed land
$60,000
Assessed improvement
$702,000
Land market value
$60,000
Improvement market value
$702,000
Total market value
$762,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Rooms
9
Bathrooms
3
Total area
2,569 SF
Lot
2.07 ac (90,343 SF)
APN
22-00-00-16I
UPID
US34-1277338
Jurisdiction
OLDHAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1996
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
3
Lot
2.07 ac
Current owner
From public records · entity-resolved
Seth Berry
Individual
Mailing address
2720 CEDAR PT RD, CRESTWOOD, KY 40014-9507
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2025
—
Seth C Berry
—
Deed
related
$500,000 · Abound FCU
Oct 20, 2022
$762,000
Seth Berry
Timothy J Hollinden SR.
Warranty Deed
$472,000 · United Wholesale Mortgage
Aug 1, 2022
—
Timothy J Hollinden SR.
—
Deed
related
$150,000 · Republic Bank & Trust Co
Aug 12, 2020
—
Timothy J Hollinden SR.
—
Deed
related
$404,250 · First Savings Bank
Jan 22, 2019
—
Timothy Hollinden
—
Deed
related
$150,000 · Republic Bank & Trust
Jan 8, 2019
—
Timothy J Hollinden SR.
—
Deed
related
$350,000 · Republic Bank & Trust Co
Oct 23, 2018
$522,500
Timothy J Hollinden SR.
Charles E Nutt
Deed
$350,000 · Republic Bank & Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2720 Cedar Pt Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
