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Property profile & analytics
OFF-MARKET
Commercial real estate
407 Kentucky Dr La Center, KY 42056-9817
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US34-1023616
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
STEEL FRAME
Total area
3,000 SF
Lot
1.01 ac (43,996 SF)
APN
46-41-01
UPID
US34-1023616
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
Shiv Shakti 1 INC · 4 yrs held
Shiv Shakti 1 INC
since 2022
Last sale
$265,000
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 La Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Center 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
$4,025
Tax year 2023
Assessed value
$265,000
Assessed 2023
Previous assessed
$70,000
+278.6% YoY
Effective rate
1.52%
On assessed value
Total market value
$265,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
3,000 SF
Lot
1.01 ac (43,996 SF)
APN
46-41-01
UPID
US34-1023616
Jurisdiction
BALLARD
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
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Shiv Shakti 1 INC
Entity
Mailing address
298 E KENTUCKY DR, LA CENTER, KY 42056-9510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
—
Shiv Shakti 1 Incorporated
—
Deed
related
$60,545 · First Community Bank Of The Heartland In
Sep 16, 2024
—
Shiv Shakti 1 Incorporated
—
Deed
related
$50,558 · First Community Bank Of The Heartland In
Jul 8, 2022
$265,000
Shiv Shakti 1 INC
Allen E Damron
Warranty Deed
$215,740 · First Community Bank Of The Heartland In
Apr 11, 2017
—
Allen E Damron
—
Deed
related
$81,061 · First Community Bank
Feb 24, 2017
—
Sue Rollins Krech
—
Deed
related
$15,423 · First Community Bank Of The Heartland In
Jan 7, 2011
$364,000
Sue Rollins
Bayview Financial Property Trust
Special Warranty Deed
—
Dec 27, 2010
$364,000
Sue Rollins
Bayview Financial Property Trust
Special Warranty Deed
—
Dec 20, 2010
$364,000
Jay Rollins
Bayview Financial Property Trust
Special Warranty 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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