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    Property profile & analytics

    4147 Madison Pike Covington, KY 41017-9598

    • Grocery and convenience stores
    • 3,740 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $605,000
    Last Sale
    Aug 10, 2023
    $525,000
    Location Intelligence
    Property ID
    US34-0242351
    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

    • Jang's Taekwondo Centers / Self Defense School / Taekwondo School
    • Marathon Gas / Gas Station
    • Emerson's Bakery / Bakery
    • Antone's Wine & Spirits / Liquor Store
    • Yo-Yo's / Dessert Shop

    Property Details for 4147 Madison Pike

    Year built
    1972
    Lot size
    0.67 lot acres
    Property size
    3,740 SF
    Property type
    Grocery and convenience stores
    APN
    044-20-00-055.02
    APU
    44200005502

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $610,000
      6.5%
      $515,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $655,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $495,000
      Mixed-Use
      $620,000
      Hospitality
      $520,000
      Educational
      $575,000
      Residential Income
      $490,000
      Energy
      $575,000
      Income-Based Land
      $600,000
      Food Service
      $635,000

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.5342
    Latitude
    38.9918
    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
    $5,810
    $225,000
    $320,000
    $545,000
    -
    $225,000
    $320,000
    $545,000

    Comparable in this City

    • Value Estimation
      $385,000
      4,916 SF

      755 Buttermilk Pike

      GROCERY, SUPERMARKET • 4,916 SF
      755 Buttermilk Pike, Crescent Springs, KY 41017-1344
      View Details
    • Value Estimation by Request
      2,300 SF

      413 Buttermilk Pike

      CONVENIENCE STORE (W/FUEL PUMP) • 2,300 SF
      413 Buttermilk Pike, Crescent Springs, KY 41017-1638
      View Details
    • Value Estimation
      $135,000
      504 SF

      3200 Madison Pike

      CONVENIENCE STORE (W/FUEL PUMP) • 504 SF
      3200 Madison Pike, Covington, KY 41017-9661
      View Details
    • Value Estimation by Request
      4,006 SF

      537 Buttermilk Pike

      CONVENIENCE STORE (W/FUEL PUMP) • 4,006 SF
      537 Buttermilk Pike, Crescent Springs, KY 41017-1605
      View Details
    • Value Estimation by Request
      3,510 SF

      3410 Madison Pike

      CONVENIENCE STORE (W/FUEL PUMP) • 3,510 SF
      3410 Madison Pike, Ft Wright, KY 41017-8901
      View Details
    • Value Estimation
      $1,175,000
      6,379 SF

      500 Dudley Pike

      CONVENIENCE STORE (W/FUEL PUMP) • 6,379 SF
      500 Dudley Pike, Edgewood, KY 41017-3235
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Versatile suites in a high-traffic retail center with ample parking.
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    4147 Madison Pike
    Covington, KY 41017-9598
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    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
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