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    Property profile & analytics

    525 Leighway Dr Richmond, KY 40475-2311

    • Office buildings
    • 5,940 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 15, 2021
    Location Intelligence
    Property ID
    US34-1890781
    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

    • Babies & More / Child Care Agency
    • Thai Smile / Thai Restaurant / Asian Restaurant
    • Country Thrift Shop / Thrift Store

    Property Details for 525 Leighway Dr

    Property size
    5,940 SF
    Property type
    Office buildings
    APN
    R002-0011-0009
    APU
    R00200110009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.3159
    Latitude
    37.737
    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
    $1,601
    $0.00
    $0.00
    $165,000
    -
    $0.00
    $0.00
    $165,000

    Comparable in this City

    • Value Estimation by Request

      112 Porter Dr

      OFFICE BUILDING
      112 Porter Dr, Richmond, KY 40475
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      5,000 SF

      318 Geri Ln, Unit 326

      OFFICE BUILDING (MULTI-STORY) • 5,000 SF
      318 Geri Ln, Richmond, KY 40475-2306
      View Details
    • Value Estimation by Request
      2,725 SF

      200 Irvine St

      PROFESSIONAL BUILDING • 2,725 SF
      200 Irvine St, Richmond, KY 40475-1524
      View Details
    • Value Estimation by Request
      8,667 SF

      1042 Ctr Dr

      PROFESSIONAL BUILDING • 8,667 SF
      1042 Ctr Dr, Richmond, KY 40475-3838
      View Details
    • Value Estimation by Request
      2.61 Acres

      1400 Gibson Bay Dr

      PROFESSIONAL BUILDING • 2.61 Acres
      1400 Gibson Bay Dr, Richmond, KY 40475-3800
      View Details
    • Value Estimation by Request
      4,352 SF

      103 Keystone Dr

      OFFICE BUILDING (MULTI-STORY) • 4,352 SF
      103 Keystone Dr, Richmond, KY 40475-7988
      View Details

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    Similar Nearby for Lease

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      Richmond Office Space For Rent

      Office spaces with private restrooms, break rooms, and conference rooms.
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      Office spaces with private restrooms, break rooms, and conference rooms.
      311 Spangler Dr, Richmond, KY 40475
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    525 Leighway Dr
    Richmond, KY 40475-2311
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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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