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Property profile & analytics
FOR SALE
Office buildings
387 Town Mountain Rd _____ Pikeville, KY 41501
Entity Owned
4-yr Hold
Free & Clear
Property ID
US34-2055472
For Sale
1 / 5
$99,000
387 Town Mountain Rd,Unit _____, Pikeville, KY 41501
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
CONCRETE
Total area
1,272 SF
APN
35008
UPID
US34-2055472
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pikeville Medical Center INC · 4 yrs held
Pikeville Medical Center INC
since 2021
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 Pikeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pikeville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$944
Tax year 2023
Assessed value
$187,000
Assessed 2023
Previous assessed
$187,000
+0.0% YoY
Effective rate
0.50%
On assessed value
Total market value
$187,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
For Sale
Year built
1964
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Total area
1,272 SF
APN
35008
UPID
US34-2055472
Jurisdiction
PIKE
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
1964
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Pikeville Medical Center INC
Entity
Free & Clear · 4 yrs held
Mailing address
387 TOWN MTN RD STE #202, PIKEVILLE, KY 41501-1642
Ownership since
2021
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
Oct 28, 2021
—
Pikeville Medical Center INC
Ramanaro V Mettu
Deed
—
Oct 11, 2021
—
Ramanaro V Mettu
Sai Investments INC
Deed
—
Jan 9, 2020
$120,000
Johnson Medical Suite LLC
Jyothi Mettu
Cash Sale Deed
—
Dec 6, 2019
$75,000
Lovonne Fleming
Reed Family Medicine Psc
Deed
$60,000 · Community Trust Bank INC
Feb 2, 2010
—
Street Investments LLC
Chad C Street
Intrafamily Transfer
related
—
Sep 5, 2006
$40,000
Chad C Street
Dale Adkins M D
Deed
—
Sep 1, 2006
$85,000
Chad C Street
Richard B Green
Deed
—
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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