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    Property profile & analytics

    514 Park Ave Carrollton, KY 41008-8306

    • Commercial real estate
    • 119,720 SF
    OFF-MARKET
    Value Estimation
    $845,000
    Location Intelligence
    Property ID
    US34-1877346
    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

    • Commercial real estate

    Property Details for 514 Park Ave

    Construction
    FRAME
    Property size
    119,720 SF
    Property type
    Commercial real estate
    APN
    C3-22-04
    APU
    C32204

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $900,000

    • CAP approach

      CAP return
      Estimation
      6%
      $820,000
      6.5%
      $895,000
      7%
      $865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $845,000
      Geo Method
      $840,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $850,000
      Retail
      $975,000
      Mixed-Use
      $965,000
      Hospitality
      $930,000
      Educational
      $1,015,000
      Residential Income
      $975,000
      Energy
      $735,000
      Income-Based Land
      $865,000
      Food Service
      $805,000

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Kentucky
    Longitude
    -85.1599
    Latitude
    38.6792

    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
    $4,527
    $150,000
    $300,000
    $450,000
    -
    $150,000
    $300,000
    $450,000

    Comparable in this City

    • Value Estimation by Request
      3,696 SF

      123 5th St

      COMMERCIAL (GENERAL) • 3,696 SF
      123 5th St, Carrollton, KY 41008-1099
      View Details
    • Value Estimation by Request
      4,326 SF

      109 5th St

      COMMERCIAL (GENERAL) • 4,326 SF
      109 5th St, Carrollton, KY 41008-1094
      View Details
    • Value Estimation by Request
      1,196 SF

      1411 Highland Ave

      COMMERCIAL (GENERAL) • 1,196 SF
      1411 Highland Ave, Carrollton, KY 41008-8200
      View Details
    • Value Estimation by Request
      1,560 SF

      1209 Highland Ave Ste K

      COMMERCIAL (GENERAL) • 1,560 SF
      1209 Highland Ave Ste K, Carrollton, KY 41008-8820
      View Details
    • Value Estimation by Request
      1,760 SF

      211 Jay Louden Rd

      COMMERCIAL (GENERAL) • 1,760 SF
      211 Jay Louden Rd, Carrollton, KY 41008-8062
      View Details
    • Value Estimation by Request
      5,884 SF

      59 Ky Hwy 55

      COMMERCIAL (GENERAL) • 5,884 SF
      59 Ky Hwy 55, Carrollton, KY 41008-8088
      View Details

    Similar Nearby for Sale

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      Carrollton Land For Sale

      Approximately 13 acres of land available in Carrollton, Kentucky.
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    • $400,000

      Carrollton Industrial Property for Sale

      Industrial property available for purchase in Carrollton, Kentucky.
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    • $69,900
      8.60 Acres

      Land with Included Fifth Wheel

      8.6 acre property in Carrollton, KY with fifth wheel.
      1381 Carlisle Rd, Carrollton, KY 41008
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    • $335,000

      Mixed-Use Property in Carrollton, KY

      Restaurant and apartment in a high-traffic, central location.
      422 Main St, Carrollton, KY 41008
      View Details
    • $179,900
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      Carrollton Commercial Investment Opportunity

      Commercial property in Carrollton, KY, leased with annual rent escalations.
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      View Details
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    514 Park Ave
    Carrollton, KY 41008-8306
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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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