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    Property profile & analytics

    306 Cave Run Lk Rd Salt Lick, KY 40371-8744

    • Commercial real estate
    • 952 SF
    • 1.97 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1230830
    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

    • Commercial real estate

    Property Details for 306 Cave Run Lk Rd

    Year built
    1998
    Lot size
    1.97 lot acres
    Property size
    952 SF
    Property type
    Commercial real estate
    APN
    080-00-00-015.29
    APU
    80000001529

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lick
    County
    Bath
    State
    Kentucky
    Longitude
    -83.5667
    Latitude
    38.1323
    CBSA code
    34460
    CBSA name
    MOUNT STERLING, KY MICROPOLITAN STATISTICAL AREA

    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
    $865
    $0.00
    $0.00
    $70,000
    -
    $0.00
    $0.00
    $70,000

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      2366 Moores Fry Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      2366 Moores Fry Rd, Salt Lick, KY 40371-8807
      View Details
    • Value Estimation by Request
      1,360 SF

      Hwy 60

      COMMERCIAL (GENERAL) • 1,360 SF
      Hwy 60, Salt Lick, KY 40371
      View Details
    • Value Estimation
      $245,000
      1,200 SF

      12031 Hwy 60

      COMMERCIAL (GENERAL) • 1,200 SF
      12031 Hwy 60, Salt Lick, KY 40371-8730
      View Details
    • Value Estimation by Request
      0.06 Acres

      Church St

      COMMERCIAL (GENERAL) • 0.06 Acres
      Church St, Salt Lick, KY 40371
      View Details
    • Value Estimation by Request
      0.55 Acres

      Hwy 60

      COMMERCIAL (GENERAL) • 0.55 Acres
      Hwy 60, Salt Lick, KY 40371
      View Details
    • Value Estimation by Request

      9027 Hwy 60

      COMMERCIAL (GENERAL)
      9027 Hwy 60, Salt Lick, KY 40371-8718
      View Details

    Similar Nearby for Sale

    • $65,000
      3.50 Acres

      Land Near Daniel Boone Forest

      3.5 acre property near Leatherwood boat ramp and Daniel Boone.
      Leatherwood Rd, Salt Lick, KY 40371
      View Details
    • Contact for pricing
      0.47 Acres

      Residential Land Near Golf Course

      Building lot near golf course, Cave Run Lake, Red River Gorge.
      N Carrington Green Rd, Salt Lick, KY 40371
      View Details
    • $225,000
      0.99 Acres

      Commercial Land Near Cave Run

      High-traffic commercial land near Cave Run Lake with existing infrastructure.
      34 Mckenzie Rd, Salt Lick, KY 40371
      View Details
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    306 Cave Run Lk Rd
    Salt Lick, KY 40371-8744
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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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