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Property profile & analytics
OFF-MARKET
Retail space
709 Argillite Rd Flatwoods, KY 41139-1005
Individually Owned
~
Est. High Equity
Property ID
US34-0250443
Property summary
AI-generated overview
This 3,250 square foot metal building, located at 709 Argillite Road in Flatwoods, Kentucky (zip code 41139), presents a unique investment opportunity. Situated conveniently off US 23, this mixed-use property offers exceptional visibility and accessibility, making it ideal for a variety of businesses. The building's adaptable interior layout allows for customization to suit diverse needs, from a convenience store or storefront to warehouse or office space. Ample off-street parking is available, and the potential for a drive-through adds further appeal. The property's location in a high-traffic area ensures significant customer exposure. The asking price is $150,000. This property is classified as Industrial, Mixed Use, Office, Retail, and Self Storage, with subtypes including Convenience Store, Storefront, and Warehouse. The building's strategic location and flexible design make it an excellent choice for entrepreneurs seeking a prominent presence in the Flatwoods market. This is a chance to establish a thriving business in a vibrant community.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
TYPE NOT SPECIFIED
Total area
3,250 SF
Lot
1 ac (43,560 SF)
APN
182-30-01-004.00
UPID
US34-0250443
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Logan B Whittaker
Logan B Whittaker
since 2025
Last sale
$100,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Flatwoods submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flatwoods submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,187
Tax year 2023
Assessed value
$75,000
Assessed 2023
Previous assessed
$75,000
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$40,000
Assessed improvement
$35,000
Land market value
$40,000
Improvement market value
$35,000
Total market value
$75,000
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
YES
Stories
1
Total area
3,250 SF
Lot
1 ac (43,560 SF)
APN
182-30-01-004.00
UPID
US34-0250443
Jurisdiction
GREENUP
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Logan B Whittaker
Individual
Mailing address
120 CRESTVIEW RD, RUSSELL, KY 41169-1404
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2025
$100,000
Logan B Whittaker
Margie S Scott
Deed
$85,000 · Community Trust Bank INC
Jun 7, 2019
$75,000
Curtis W Scott
Nelson,lisa E & John B
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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