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Financial
Distress signals
Property profile

3622 Decoursey Ave 24 Covington, KY 41015

OFF-MARKET
Other investment properties
Property ID
US34-0233541
7,630 SF 0.18 ac lot Built 1899
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A for-lease, ground-level retail storefront configured for street-facing use, with a clean, open interior layout intended for straightforward tenant occupancy. The unit includes rear parking to support customer access. Located in the Ritte’s Corner area of Latonia along a main avenue near established businesses including Bard’s Burgers, with retail-oriented surroundings. The specific permitted uses are subject to applicable local approvals.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$150k
Assessed land$30k
Assessed improvement$120k
Effective rate1.33%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$74/SF
Submarket average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$37 – $110
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKENTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.3
Dental Office15.2
Parking Facility13.1

Location

3622 Decoursey Ave, Unit 24 Covington, KY 41015-1438
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3702 Decoursey, Covington, KY 41015-1440 $399,000 Jun 2024 3,536 SF
3612 Decoursey, Covington, KY 41015-1471 $250,000 May 2023 4,452 SF
3439 Decoursey, Covington, KY 41015-1236 $140,000 Jul 2022 4,315 SF
3424 Decoursey, Covington, KY 41015-1290 $210,000 Jun 2021 3,645 SF
3506 Decoursey, Covington, KY 41015-1475 $60,000 Jun 2021 3,702 SF
3426 Decoursey, Covington, KY 41015-1237 $130,000 Mar 2021 4,702 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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