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    Property profile & analytics

    501 16th St London, KY 40741-1055

    • Manufacturing properties
    • 1,444 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 13, 2021
    Location Intelligence
    Property ID
    US34-1052487
    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

    • Manufacturing properties

    Property Details for 501 16th St

    Year built
    1987
    Construction
    STEEL FRAME
    Property size
    1,444 SF
    Property type
    Manufacturing properties
    APN
    050-30-00-017.00
    APU
    50300001700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Laurel
    State
    Kentucky
    Longitude
    -84.0981
    Latitude
    37.1332
    CBSA code
    30940
    CBSA name
    LONDON, 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
    $1,582
    $0.00
    $0.00
    $200,000
    -
    $0.00
    $0.00
    $200,000

    Comparable in this City

    • Value Estimation
      $435,000
      8.25 Acres

      510 Tobacco Rd

      MANUFACTURING (LIGHT) • 8.25 Acres
      510 Tobacco Rd, London, KY 40741-2200
      View Details
    • Value Estimation by Request
      1.00 Acre

      11299 Laurel Rd

      MANUFACTURING (LIGHT) • 1.00 Acre
      11299 Laurel Rd, London, KY 40741-7119
      View Details
    • Value Estimation by Request
      6,000 SF

      Moren Rd

      MANUFACTURING (LIGHT) • 6,000 SF
      Moren Rd, London, KY 40741
      View Details
    • Value Estimation by Request
      0.28 Acres

      1661 Main St

      MANUFACTURING (LIGHT) • 0.28 Acres
      1661 Main St, London, KY 40741-2018
      View Details
    • Value Estimation
      $135,000
      1.03 Acres

      67 Keller Rd

      MANUFACTURING (LIGHT) • 1.03 Acres
      67 Keller Rd, London, KY 40741-9650
      View Details
    • Value Estimation
      $900,000
      1,008 SF

      345 Sinking Crk Rd

      LUMBER & WOOD PRODUCT MFG • 1,008 SF
      345 Sinking Crk Rd, London, KY 40741-9352
      View Details

    Similar Nearby for Sale

    • New
      $359,900
      1.47 Acres

      Versatile Commercial Property in London, KY

      Three buildings with road and interstate frontage on 1.47 acres.
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    • $699,000
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      Historic London Commercial Gem

      Prime Downtown Location, Versatile Spaces
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    • Contact for pricing

      Retail Center Near I-75 Exit

      Retail spaces available near I-75 in London, Kentucky.
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    • $629,000
      75 SF

      Large Acreage Land I-75 Access

      75+ acres with I-75 access in Laurel County, KY.
      909 Ky Hwy, London, KY 40741
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    • $93,750
      37.50 Acres

      37.5 Acres Near London, KY

      37.5 acres of wooded land, 20 minutes from London.
      House Rd, London, KY 40741
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    • Contact for pricing
      0.50 Acres

      Residential Land in Laurel County

      Residential land for sale in London, KY. Build your dream home!
      Laredo Dr, London, KY 40741
      View Details

    Similar Nearby for Lease

    • $150,000
      150,000 SF

      London, KY Warehouse and Greenhouses

      150,000 sq ft warehouse and greenhouses for lease near I-75.
      420 Tobacco Rd, London, KY 40741
      View Details
    • $16 SF/Yr
      23,904 SF

      London, KY Retail End Cap

      Walmart-shadowed strip center; 2,000 sq ft available.
      120 Childers Dr, London, KY 40741
      View Details
    • $5,000 /Mo
      890 SF

      Commercial Land with Office Space

      3.5 acres of commercial land with existing office and storage.
      229 Somerset Rd, London, KY 40741
      View Details
    • $1,800 /Mo
      2,440 SF

      Downtown London Office Leasing Opportunity

      2,400 sq ft office space in high-traffic downtown London.
      105 W 5Th St, London, KY 40741
      View Details
    • $3,200 /Mo
      31,363 SF

      Prime Office Space For Lease

      High-visibility office/retail space near interstate and popular retailers.
      231 Jerrys Rd, London, KY 40741
      View Details
    • $16 SF/Yr
      6,000 SF

      Prime Medical Office Building in London, KY

      6,000 SF Standalone Medical Office, Ample Parking
      1360 5Th St, London, KY 40741
      View Details
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    501 16th St
    London, KY 40741-1055
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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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