Property profile

85 Main St Walton, KY 41094

OFF-MARKET
Other commercial real estate
Property ID
US34-2233155
12,180 SF Built 1970
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

In Walton, Kentucky, this multifamily property is located on N Main Street on a 0.92-acre site with approximately 12,180 square feet of building space. The building contains 10 residential units: seven two-bedroom apartments and three one-bedroom apartments. The structure is the former Walton School, previously used by the Walton Independent School District, and was fully gutted and is configured as a redevelopment canvas for interior redesign. The building has 14-foot ceilings, with layout potential to convert some units into three-bedroom configurations. Building utilities and service components include replacements of meters, valves, and shutoff systems in 2024, and a replacement gas line to the street. The site includes ample parking and offers access to nearby amenities, schools, and highway connections, supporting potential redevelopment for multifamily and mixed-use uses.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 12,180 SF
APN 078.01-12-008.00
UPID US34-2233155

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

85 Main St Walton, KY 41094-1166
Walton metro Census 70606 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2024
Last sale
$250,000
1 recorded transaction
2024
$250,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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