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Property profile & analytics
OFF-MARKET
Mixed-use properties
451 Fairview Rd Williamstown, KY 41097-9109
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US34-1683737
Property summary
AI-generated overview
This mixed-use property features a 7000 sqft steel building constructed on a concrete slab, with over 1000 sqft of conditioned space. The property is situated on a mostly flat 5-acre lot, offering views of the surrounding area. It was previously used as a commercial warehouse with offices, a conditioned production room, a wood shop, a bathroom, and a break area. The property presents opportunities for various uses, such as a minifarm or barndominium, and allows for up to three stories of living space. Located in a country setting, the property is approximately 12 minutes from I-75 and benefits from city water and sewer services. Its location, approximately 10 miles from the Ark Encounter, makes it suitable for short-term rentals.
Property profile
Verified
Property type
Mixed-use properties
Use group
VACANT COMMERCIAL LAND
Lot
5.01 ac (218,018 SF)
APN
004-00-00-006.00
UPID
US34-1683737
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
Mysum Properties LLC · 8 yrs held
Mysum Properties LLC
since 2018
2 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 Williamstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamstown 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
$3,599
Tax year 2023
Assessed value
$279,000
Assessed 2023
Previous assessed
$279,000
+0.0% YoY
Effective rate
1.29%
On assessed value
Total market value
$279,000
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
Mixed-use properties
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Lot
5.01 ac (218,018 SF)
APN
004-00-00-006.00
UPID
US34-1683737
Jurisdiction
PENDLETON
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
Lot
5.01 ac
Current owner
From public records · entity-resolved
Mysum Properties LLC
Entity
Mailing address
451 E FAIRVIEW RD, WILLIAMSTOWN, KY 41097-9109
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2018
$279,000
Mysum Properties LLC
Canterbury Enterprises INC
Deed
$215,000 · Heritage Bank
Dec 4, 2012
—
Canterbury Enterprises INC
D&j Properties INC
Quit Claim Deed
related
—
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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