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    Property profile & analytics

    2995 Madison Ave Covington, KY 41015

    • Commercial real estate
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0011665
    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

    • Tienda Tomas su Tienda Latina / Grocery Store

    Property Details for 2995 Madison Ave

    Year built
    1920
    Lot size
    0.06 lot acres
    Property type
    Commercial real estate

    Description

    This renovated commercial building, situated at 2995 Madison Avenue Unit 2995 in Covington, Kentucky, presents a fantastic opportunity for a small business or retail store. The property boasts a convenient location on a busy main street, ensuring high visibility and foot traffic. The building itself has undergone a complete renovation, featuring attractive ceramic flooring throughout. Two bathrooms are included, adding to the property's functionality and appeal. The lot size is 0.06 acres. The building's proximity to major roadways and public transportation provides excellent accessibility for both employees and customers. Potential buyers are responsible for verifying zoning regulations and permitted business types with the relevant city authorities to ensure compliance with local ordinances. This is a turnkey opportunity for an entrepreneur seeking a well-maintained, conveniently located commercial space. The asking price for this property is $110,000. The square footage is not currently available. Serious inquiries only.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.51481
    Latitude
    39.05239

    Comparable in this City

    • Contact for pricing
      0.75 Acres

      Latonia Commerce Center Land

      0.75-acre commercial lot, Covington, KY.
      3813 Winston Ave, Covington, KY 41015
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      2.15 Acres

      Prime Covington Commercial Land

      2.15-Acre Outlot, Highly Visible
      4101 Winston Ave, Covington, KY 41015
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    • $650,000
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      Covington KY Commercial Land Opportunity

      6 Acres, Zoned INST, Multiple Uses
      6093 Taylor Mill Rd, Covington, KY 41015
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    • $362,000
      0.06 Acres

      Latonia Retail Space: Prime Location

      Turnkey Retail Space, High Visibility, Northern KY
      3726 Winston Ave, Latonia, KY 41015
      View Details
    • Contact for pricing
      0.05 Acres

      Residential Lots in Latonia Lakes

      Six residential lots available in Latonia, Kentucky.
      489 Elm Rd, Latonia, KY 41015
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    • $160,000
      0.92 Acres

      Taylor Mill Land Opportunity

      Homesites available near I-275 in Taylor Mill, Kentucky.
      750 Ezra Dr, Taylor Mill, KY 41015
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.75 Acres

      Latonia Commerce Center Land

      0.75-acre commercial lot, Covington, KY.
      3813 Winston Ave, Covington, KY 41015
      View Details
    • Contact for pricing
      2.15 Acres

      Prime Covington Commercial Land

      2.15-Acre Outlot, Highly Visible
      4101 Winston Ave, Covington, KY 41015
      View Details
    • $650,000
      5.83 Acres

      Covington KY Commercial Land Opportunity

      6 Acres, Zoned INST, Multiple Uses
      6093 Taylor Mill Rd, Covington, KY 41015
      View Details
    • $362,000
      0.06 Acres

      Latonia Retail Space: Prime Location

      Turnkey Retail Space, High Visibility, Northern KY
      3726 Winston Ave, Latonia, KY 41015
      View Details
    • Contact for pricing
      0.05 Acres

      Residential Lots in Latonia Lakes

      Six residential lots available in Latonia, Kentucky.
      489 Elm Rd, Latonia, KY 41015
      View Details
    • $160,000
      0.92 Acres

      Taylor Mill Land Opportunity

      Homesites available near I-275 in Taylor Mill, Kentucky.
      750 Ezra Dr, Taylor Mill, KY 41015
      View Details

    Similar Nearby for Lease

    • $4,053 /Mo
      66,054 SF

      Retail Space in Taylor Mill

      Retail space with existing infrastructure in high-traffic area.
      5113 Taylor Mill Rd, Taylor Mill, KY 41015
      View Details
    • $1,800 /Mo
      1,232 SF

      Retail Space in Latonia

      Retail space in Covington with high visibility and easy access.
      3912 Winston Ave, Covington, KY 41015
      View Details
    • $1,250 /Mo
      31,363 SF

      Taylor Mill Commercial Land Lease

      Strategically located land available for long-term ground lease.
      4801 Pride Pkwy, Taylor Mill, KY 41015
      View Details
    • Contact for pricing
      306,560 SF

      Industrial Space Near I-75/I-71

      306,560 SF industrial space with easy highway access.
      10409 Robert Spegal Rd, Independence, KY 41015
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      19,058 SF

      Retail Space in Latonia Centre

      Retail spaces available in Covington, KY, community center.
      4303-4387 Winston Ave, Covington, KY 41015
      View Details
    • $1,800 /Mo
      2,200 SF

      Latonia Commercial Space For Rent

      2200 SF commercial space in the heart of Latonia.
      3622 Decoursey Ave, Latonia, KY 41015
      View Details
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    2995 Madison Ave
    Covington, KY 41015
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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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