Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4053 Turkeyfoot Rd Independence, KY 41051

    • Apartment buildings
    • 7,224 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $2,850,000
    Last Sale
    Aug 12, 2020
    $3,200,000
    Location Intelligence
    Property ID
    US34-0067535
    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

    • Apartment buildings

    Property Details for 4053 Turkeyfoot Rd

    Year built
    1960
    Lot size
    0.65 lot acres
    Property size
    7,224 SF
    Property type
    Apartment buildings
    APN
    017-20-00-184.01
    APU
    17200018401

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,170,000
      6.5%
      $3,540,000
      7%
      $3,375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,060,000
      Geo Method
      $3,960,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,795,000
      Retail
      $3,135,000
      Mixed-Use
      $2,820,000
      Hospitality
      $3,420,000
      Educational
      $3,145,000
      Residential Income
      $3,705,000
      Energy
      $3,495,000
      Income-Based Land
      $3,575,000
      Food Service
      $2,825,000

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.5953
    Latitude
    38.9709
    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
    $7,610
    $96,000
    $507,000
    $603,000
    -
    $96,000
    $507,000
    $603,000

    Comparable in this City

    • Value Estimation by Request
      11.33 Acres

      3939 Richardson Rd

      APARTMENT HOUSE (5+ UNITS) • 11.33 Acres
      3939 Richardson Rd, Independence, KY 41051-8752
      View Details
    • Value Estimation
      $15,385,000
      14.37 Acres

      6528 Indian Riv Rd

      APARTMENT HOUSE (5+ UNITS) • 14.37 Acres
      6528 Indian Riv Rd, Independence, KY 41051-3520
      View Details
    • Value Estimation
      $2,380,000
      6,256 SF

      4209 Beechgrove Dr

      APARTMENT HOUSE (5+ UNITS) • 6,256 SF
      4209 Beechgrove Dr, Independence, KY 41051-9118
      View Details
    • Value Estimation by Request
      10.08 Acres

      1800 Brentwood Ln

      APARTMENT HOUSE (5+ UNITS) • 10.08 Acres
      1800 Brentwood Ln, Independence, KY 41051-8169
      View Details
    • Value Estimation
      $2,500,000
      7,144 SF

      4219 Beechgrove Dr

      APARTMENT HOUSE (5+ UNITS) • 7,144 SF
      4219 Beechgrove Dr, Independence, KY 41051-9122
      View Details
    • Value Estimation
      $17,010,000
      4.00 Acres

      Richardson Rd

      APARTMENT HOUSE (5+ UNITS) • 4.00 Acres
      Richardson Rd, Independence, KY 41051
      View Details

    Similar Nearby for Sale

    • $325,000
      Pending

      Independence KY Duplex For Sale

      Duplex with tenants, generating income, sold as package.
      109 Sylvan Dr, Independence, KY 41051
      View Details
    • $325,000
      Pending

      Independence, KY Multi-Family Home

      Multi-family home in Independence, occupied through August 2026.
      5086 Woodale Ct, Independence, KY 41051
      View Details
    • $97,500
      0.50 Acres

      Lakeview Lot in Independence, KY

      Residential land with lake views in a prime Independence location.
      11662 Lakeview Dr, Independence, KY 41051
      View Details
    • $425,000
      Pending

      Corner Lot Commercial Property

      Commercial building on a corner lot in Independence, Kentucky.
      5245 Madison Pike, Independence, KY 41051
      View Details
    • $175,000
      0.53 Acres

      Land in Tullamore Estates

      New estate lot community near shopping and dining.
      810 Durrow Dr Lot, Independence, KY 41051
      View Details
    • $175,000
      0.75 Acres

      Independence, KY Land Opportunity

      Large 0.75 acre lot in Tullamore Estates!
      6703 Tullamore Ln Lot, Independence, KY 41051
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4053 Turkeyfoot Rd
    Independence, KY 41051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.