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Property profile & analytics
OFF-MARKET
Schools
712 Ashland Ave Louisville, KY 40215-2404
Individually Owned
6-yr Hold
Free & Clear
Property ID
US34-2278004
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1930
Total area
2,400 SF
Lot
0.15 ac (6,708 SF)
Zoning code
R5-RESIDENTIAL SINGLE FAM
APN
11053J00500000
UPID
US34-2278004
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
Current use
Occupant on record · Public records
-
Nannie's Little Legends High School Vocational School
-
ALLEN'S PLAYHOUSE CHILDCARE High School
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
Barry W Ruark SR. · 6 yrs held
Barry W Ruark SR.
since 2019
3 recorded transactions
Zoning & alternative use
R5-RESIDENTIAL SINGLE FAM · Louisville, KY
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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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
$1,932
Tax year 2023
Assessed value
$144,000
Assessed 2023
Previous assessed
$144,000
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$18,810
Assessed improvement
$125,190
Land market value
$18,810
Improvement market value
$125,190
Total market value
$144,000
Applied tax rate
23.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1930
Heating
YES
Cooling
NONE
Stories
1
Total area
2,400 SF
Lot
0.15 ac (6,708 SF)
Zoning code
R5-RESIDENTIAL SINGLE FAM
APN
11053J00500000
UPID
US34-2278004
Jurisdiction
JEFFERSON
Zoning & alternative use
R5-RESIDENTIAL SINGLE FAM · Louisville, KY
Zoning R5-RESIDENTIAL SINGLE FAM · permitted uses
R5-RESIDENTIAL SINGLE FAM · Louisville, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
YES
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Barry W Ruark SR.
Individual
Free & Clear · 6 yrs held
Mailing address
712 W ASHLAND AVE, LOUISVILLE, KY 40215-2404
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2019
—
Barry W Ruark SR.
Ruark,katherine A
Quit Claim Deed
related
—
Feb 29, 2008
$59,500
Judith A Birkhead
Birkhead,judith A
Grant Deed
related
—
Sep 24, 2004
$64,900
Judith A Birkhead
Stock Yards Bank
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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