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    Property profile & analytics

    5247 Madison Pike Independence, KY 41051-7065

    • Office buildings
    • 1,850 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US34-0323035
    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

    • Office buildings

    Property Details for 5247 Madison Pike

    Year built
    1972
    Lot size
    0.37 lot acres
    Property size
    1,850 SF
    Property type
    Office buildings
    APN
    046-20-00-068.00
    APU
    46200006800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.5444
    Latitude
    38.9444
    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
    $2,328
    $52,500
    $132,000
    $184,500
    -
    $52,500
    $132,000
    $184,500

    Comparable in this City

    • Value Estimation
      $125,000
      2,308 SF

      5275 Madison Pike

      OFFICE BUILDING • 2,308 SF
      5275 Madison Pike, Independence, KY 41051-7970
      View Details
    • Value Estimation
      $90,000
      500 SF

      8 Mccullum Rd

      OFFICE BUILDING • 500 SF
      8 Mccullum Rd, Independence, KY 41051-8629
      View Details
    • Value Estimation
      $285,000
      2,487 SF

      6565 Taylor Ml Rd

      OFFICE BUILDING • 2,487 SF
      6565 Taylor Ml Rd, Independence, KY 41051-9267
      View Details
    • Value Estimation
      $390,000
      2,787 SF

      12109 Madison Pike

      OFFICE BUILDING • 2,787 SF
      12109 Madison Pike, Independence, KY 41051-9770
      View Details
    • Value Estimation by Request
      1,929 SF

      5279 Madison Pike

      OFFICE BUILDING • 1,929 SF
      5279 Madison Pike, Independence, KY 41051-7970
      View Details
    • Value Estimation by Request
      7,846 SF

      5290 Madison Pike

      OFFICE BUILDING • 7,846 SF
      5290 Madison Pike, Independence, KY 41051-8025
      View Details

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    5247 Madison Pike
    Independence, KY 41051-7065
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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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