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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Retail space
8002 New La Grange Rd Lyndon, KY 40222-4708
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US34-2379897
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Total area
6,336 SF
Lot
0.62 ac (26,929 SF)
Zoning code
OR3-OFFICE/RESIDENTIAL
APN
21002102710000
UPID
US34-2379897
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$720k
Owner & transaction history
Bla Bla LLC · 6 yrs held
Bla Bla LLC
since 2020
Last sale
$775,000
6 recorded transactions
Zoning & alternative use
OR3-OFFICE/RESIDENTIAL · Lyndon, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+34.5%
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 Lyndon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lyndon 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
Method
Estimation
Statistic approach
$765,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$805,000
Current use
OFFICE BUILDING
$1,085,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $775k (Jun 25 2020)
Last sale anchor
$775k
Jun 25 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
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
$12,866
Tax year 2023
Assessed value
$1,120,720
Assessed 2023
Previous assessed
$1,120,720
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$135,710
Assessed improvement
$985,010
Land market value
$135,710
Improvement market value
$985,010
Total market value
$1,120,720
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Year built
1997
Heating
YES
Cooling
YES
Stories
3
Total area
6,336 SF
Lot
0.62 ac (26,929 SF)
Zoning code
OR3-OFFICE/RESIDENTIAL
APN
21002102710000
UPID
US34-2379897
Jurisdiction
JEFFERSON
Zoning & alternative use
OR3-OFFICE/RESIDENTIAL · Lyndon, KY
Zoning OR3-OFFICE/RESIDENTIAL · permitted uses
OR3-OFFICE/RESIDENTIAL · Lyndon, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lyndon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$805,000
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
YES
Cooling
Yes
Stories
3
Lot
0.62 ac
Current owner
From public records · entity-resolved
Bla Bla LLC
Entity
Mailing address
8002 NEW LA GRANGE RD, LOUISVILLE, KY 40222-4708
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2021
—
Bla Bla LLC
—
Deed
related
$1,485,000 · Commonwealth Bank & Trust Co
Jun 25, 2020
$775,000
Bla Bla LLC
Gagecoltzach LLC
Grant Deed
$629,000 · Commonwealth Bk
May 23, 2018
$800,000
Gagecoltzach LLC
Williamson,james A & Valerie R
Warranty Deed
—
—
—
James A Williamson
—
Deed Of Trust
related
$130,917 · Stock Yards Bank
—
—
James A Williamson
—
Deed Of Trust
related
$200,000 · Stock Yards Bank
—
—
James A Williamson
—
Deed Of Trust
related
$180,000 · Stock Yards Bank
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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