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    Property profile & analytics

    316 Southern Ave Covington, KY 41015-1528

    • Individual retail properties
    • 853 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 08, 2024
    $100,000
    Location Intelligence
    Property ID
    US34-0023945
    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

    • Pitbull Fitness / Gym

    Property Details for 316 Southern Ave

    Year built
    1893
    Lot size
    0.07 lot acres
    Property size
    853 SF
    Property type
    Individual retail properties
    APN
    056-32-19-008.00
    APU
    56321900800

    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
    -84.4984
    Latitude
    39.0477
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN 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
    $799
    $12,000
    $48,000
    $60,000
    -
    $12,000
    $48,000
    $60,000

    Comparable in this City

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      10421 Locust Pike

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      680 Mason Rd

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      4,480 SF

      5791 Taylor Ml Rd

      GYM, HEALTH SPA • 4,480 SF
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    • Value Estimation by Request
      8,355 SF

      121 31st St, Unit 23

      GYM, HEALTH SPA • 8,355 SF
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    Similar Nearby for Sale

    • New
      $140,000
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      Latonia Retail Space Available

      Neighborhood retail space in Latonia, KY, suitable for various businesses.
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    • $240,000
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      Adaptable commercial space suitable for office, retail, or redevelopment.
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      Ready-to-operate convenience store in Covington's Latonia neighborhood.
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    • New
      $250,000
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      Retail Space in Latonia

      Retail property with high visibility and easy access.
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      Latonia Commercial Property For Sale

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    Similar Nearby for Lease

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      66,054 SF

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      Retail space with existing infrastructure in high-traffic area.
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    • Contact for pricing
      19,058 SF

      Retail Space in Latonia Centre

      Retail spaces available in Covington, KY, community center.
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    • $1,800 /Mo
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      Latonia Commercial Space For Rent

      2200 SF commercial space in the heart of Latonia.
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    • Contact for pricing
      306,560 SF

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      306,560 SF industrial space with easy highway access.
      10409 Robert Spegal Rd, Independence, KY 41015
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    316 Southern Ave
    Covington, KY 41015-1528
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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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