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    Property profile & analytics

    5855 Holy Cross Rd Loretto, KY 40037-8122

    • Commercial land
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1890694
    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 land

    Property Details for 5855 Holy Cross Rd

    Lot size
    1.17 lot acres
    Property type
    Commercial land
    APN
    009-032
    APU
    9032

    Description

    This exceptional investment opportunity presents a ready-to-operate commercial building situated on a 1.17-acre lot at 5855 Holy Cross Road, Loretto, KY. The property features a substantial building, approximately 50 feet by 75 feet, providing ample space for a variety of commercial ventures. A significant advantage is the inclusion of a walk-in cooler, perfectly suited for food-related businesses, complementing the building's history as a butcher shop. Further enhancing its functionality are several sheds, offering additional storage or workspace. The property also boasts 3-phase electric, a crucial element for many commercial operations, eliminating the need for costly upgrades. The existing infrastructure significantly reduces the start-up costs for prospective owners, allowing them to focus on establishing and growing their business. The property's location in Loretto, KY, offers accessibility and visibility, making it an attractive proposition for entrepreneurs seeking a well-equipped and strategically located commercial space. This turnkey property is poised for immediate occupancy and presents a rare opportunity to acquire a versatile commercial building with significant potential. The combination of size, existing infrastructure, and convenient location makes this an exceptional investment opportunity. Don't miss out on this chance to own a piece of Loretto's commercial landscape.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Loretto
    County
    Marion
    State
    Kentucky
    Longitude
    -85.4432
    Latitude
    37.6768

    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
    $161
    $18,000
    $0.00
    $18,000
    -
    $18,000
    $0.00
    $18,000

    Comparable in this City

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      St Francis

      VACANT COMMERCIAL LAND • 0.46 Acres
      St Francis, Loretto, KY 40037
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      0.40 Acres

      4675 Hwy 52

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      0.53 Acres

      Holy Cross

      VACANT COMMERCIAL LAND • 0.53 Acres
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      4850 Hwy 5th 5

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      VACANT COMMERCIAL LAND • 0.55 Acres
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    5855 Holy Cross Rd
    Loretto, KY 40037-8122
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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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