Property profile

401 Park Ave Newport, KY 41071

FOR SALE
Commercial real estate
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Property ID
US34-0389457
4,868 SF 0.57 ac Built 1880
Last sale Jan 2019·$800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
401 Park Ave, Newport, KY 41071 For Sale
$1,295,000 4,868 SF
401 Park Ave, Newport, KY 41071
View Listing

Property summary

AI-generated overview

This stunning 1899 Colonial Revival mansion, located in Newport, KY's East Row Historic District, presents a unique investment opportunity. The meticulously restored 4,800+ square foot building, formerly the George Wiedemann, Jr. Mansion, boasts exceptional architectural details including a grand central hall with a sweeping tiger oak staircase and impressive stained-glass windows. Eight unique fireplaces, carved wood paneling, built-in cabinetry, pocket doors, and inlaid wood flooring…

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?
$3k
Tax billed · 2023
Assessed value$800k
Assessed land$250k
Assessed improvement$550k
Effective rate0.40%

Value estimate

· Nov 2026
$290k
$261k – $319k
CAP approach$775k
Submarket $/SF estimate$676k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$57 – $139
Qualifying comparables6

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.

JurisdictionCAMPBELL

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.9
Electrical Service9.6
Kitchen & Bath9.5

Location

401 Park Ave Newport, KY 41071
County assessor Recorded deeds · 6 transfers 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
612 Monroe, Newport, KY 41071-3951 $635,000 Feb 2026 3,787 SF
601 Monmouth, Newport, KY 41071-5261 $825,000 Feb 2026 5,045 SF
808 Isabella, Newport, KY 41071-4487 $192,544 Jul 2025 3,222 SF
726-728 Monmouth, Newport, KY 41071 $475,000 Jun 2025 7,021 SF
528 Overton, Newport, KY 41071-2079 $530,000 Jun 2025 3,593 SF
835 York, Newport, KY 41071-1822 $920,000 May 2025 5,129 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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