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    Property profile & analytics

    588 Irvine Rd Clay City, KY 40312-9731

    • Commercial real estate
    • 2,832 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 29, 2021
    $30,000
    Location Intelligence
    Property ID
    US34-0981409
    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 588 Irvine Rd

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    0.39 lot acres
    Property size
    2,832 SF
    Property type
    Commercial real estate
    APN
    08B-00-01-001.00
    APU
    08B000100100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clay City
    County
    Powell
    State
    Kentucky
    Longitude
    -83.9479
    Latitude
    37.8575

    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
    $302
    $0.00
    $0.00
    $33,000
    -
    $0.00
    $0.00
    $33,000

    Comparable in this City

    • Value Estimation by Request

      Clay City, KY 40312

      COMMERCIAL (GENERAL)
      Clay City, KY 40312
      View Details
    • Value Estimation by Request
      8,000 SF

      5669 Hwy 15th St

      COMMERCIAL (GENERAL) • 8,000 SF
      5669 Hwy 15th St, Clay City, KY 40312-1308
      View Details
    • Value Estimation by Request
      47,970 SF

      740 Brush Crk Rd

      COMMERCIAL (GENERAL) • 47,970 SF
      740 Brush Crk Rd, Clay City, KY 40312-9525
      View Details
    • Value Estimation by Request
      2,658 SF

      60 Irvine Rd

      COMMERCIAL (GENERAL) • 2,658 SF
      60 Irvine Rd, Clay City, KY 40312-9730
      View Details
    • Value Estimation by Request
      6,912 SF

      150 Riv St

      COMMERCIAL (GENERAL) • 6,912 SF
      150 Riv St, Clay City, KY 40312-1314
      View Details
    • Value Estimation by Request
      2,400 SF

      7th Ave

      COMMERCIAL (GENERAL) • 2,400 SF
      7th Ave, Clay City, KY 40312
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Four-unit commercial property with Main Street visibility in Clay City, KY.
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    588 Irvine Rd
    Clay City, KY 40312-9731
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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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