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    Property profile & analytics

    706 Main St Ravenna, KY 40472-1344

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 08, 2022
    Location Intelligence
    Property ID
    US34-1144524
    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 706 Main St

    Year built
    1930
    Construction
    FRAME
    Property type
    Commercial real estate
    APN
    082-20-12-009.00
    APU
    82201200900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ravenna
    County
    Estill
    State
    Kentucky
    Longitude
    -83.9547
    Latitude
    37.6855
    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
    $516
    $48,000
    $0.00
    $48,000
    -
    $48,000
    $0.00
    $48,000

    Comparable in this City

    • Value Estimation by Request

      724 Main St

      COMMERCIAL (GENERAL)
      724 Main St, Ravenna, KY 40472-1326
      View Details
    • Value Estimation by Request

      604 Main St

      COMMERCIAL (GENERAL)
      604 Main St, Ravenna, KY 40472-1328
      View Details
    • Value Estimation by Request
      10,000 SF

      630 Main St

      COMMERCIAL (GENERAL) • 10,000 SF
      630 Main St, Ravenna, KY 40472-1328
      View Details
    • Value Estimation by Request
      4,300 SF

      718 Main St

      COMMERCIAL (GENERAL) • 4,300 SF
      718 Main St, Ravenna, KY 40472-1326
      View Details
    • Value Estimation by Request

      722 Main St

      COMMERCIAL (GENERAL)
      722 Main St, Ravenna, KY 40472-1326
      View Details
    • Value Estimation by Request
      4.82 Acres

      2425 Cow Crk Rd

      COMMERCIAL (GENERAL) • 4.82 Acres
      2425 Cow Crk Rd, Ravenna, KY 40472-8838
      View Details

    Similar Nearby for Sale

    • $199,900
      50.00 Acres

      Kentucky Riverfront Land for Sale

      50.03 acres of Kentucky bottomland ideal for farming or recreation.
      999 State Hwy, Ravenna, KY 40472
      View Details
    • $169,900
      0.40 Acres

      Ravenna, KY Commercial Opportunity

      Commercial property on Main Street in Ravenna, Kentucky.
      725 Main St, Ravenna, KY 40472
      View Details
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    706 Main St
    Ravenna, KY 40472-1344
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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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