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    Property profile & analytics

    451 Big Hl Ave Richmond, KY 40475-2596

    • Retail residential properties
    OFF-MARKET
    Value Estimation
    $1,255,000
    Last Sale
    Feb 09, 2023
    $1,235,000
    Location Intelligence
    Property ID
    US34-1161704
    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

    • FarmHers Co-op / Agricultural Cooperative / Farmers' Market
    • Tax Preparation / Consultant
    • EXP Services / Tax Preparation / Service Establishment
    • Kendra Gross / Counselor
    • Parsons Counseling & Play Therapy C451enter / Doctor

    Property Details for 451 Big Hl Ave

    Property type
    Retail residential properties
    APN
    R011-0003-0012-1
    APU
    R011000300121

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,265,000
      6.5%
      $1,270,000
      7%
      $1,255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,120,000
      Geo Method
      $1,070,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,150,000
      Retail
      $1,255,000
      Mixed-Use
      $1,330,000
      Hospitality
      $1,340,000
      Educational
      $1,385,000
      Residential Income
      $1,330,000
      Energy
      $1,045,000
      Income-Based Land
      $1,410,000
      Food Service
      $1,265,000

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.2807
    Latitude
    37.7387
    CBSA code
    40080
    CBSA name
    RICHMOND-BEREA, KY MICROPOLITAN 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
    $2,280
    $0.00
    $0.00
    $235,000
    -
    $0.00
    $0.00
    $235,000

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      419 Gibson Ln

      STORES & APARTMENTS • 2,100 SF
      419 Gibson Ln, Richmond, KY 40475-2595
      View Details
    • Value Estimation by Request
      3,500 SF

      212 Main St

      STORES & APARTMENTS • 3,500 SF
      212 Main St, Richmond, KY 40475-1444
      View Details
    • Value Estimation by Request
      5.33 Acres

      819 Eastern Byp

      SHOW ROOM, WAREHOUSE • 5.33 Acres
      819 Eastern Byp, Richmond, KY 40475-2569
      View Details
    • Value Estimation by Request

      121 Estill Ave

      COMMERCIAL (GENERAL)
      121 Estill Ave, Richmond, KY 40475-1909
      View Details
    • Value Estimation by Request

      419 Keeneland Dr

      COMMERCIAL (GENERAL)
      419 Keeneland Dr, Richmond, KY 40475-8594
      View Details
    • Value Estimation by Request
      0.96 Acres

      2222 Lantern Rdg Dr

      COMMERCIAL (GENERAL) • 0.96 Acres
      2222 Lantern Rdg Dr, Richmond, KY 40475-6012
      View Details

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    • Contact for pricing

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    Similar Nearby for Lease

    • $1,000 /Mo
      820 SF

      Commercial Space in Richmond, KY

      820 sq ft commercial space for rent in Richmond, KY.
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      View Details
    • $1,500 /Mo
      1,353 SF

      Commercial Land in Richmond, KY

      Commercial land for rent in Richmond, Kentucky, zoned B-3.
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    • $5,000 /Mo

      Richmond Land Development Opportunity

      Up to 12 acres available for sale or lease.
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    • $1,200 /Mo
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      Richmond, KY Office Space

      Professional office space in prime location with high visibility.
      1232 Lancaster Ave Unit, Richmond, KY 40475
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    • $13 SF/Yr
      9,244 SF

      Richmond Office Space Available

      Multiple suites, 1,491-5,966 sq ft
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    • $1,800 /Mo
      1,950 SF

      Retail Space in Richmond, KY

      Retail property available for lease in Richmond, Kentucky.
      309 Steep St, Richmond, KY 40475
      View Details
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    451 Big Hl Ave
    Richmond, KY 40475-2596
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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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