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    Property profile & analytics

    8721 State Hwy 2nd 2 Olive Hill, KY 41164

    • Retail space
    • 840 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1874080
    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

    • Retail space

    Property Details for 8721 State Hwy 2nd 2

    Lot size
    1.00 lot acres
    Property size
    840 SF
    Property type
    Retail space
    APN
    030-00-00-037.00
    APU
    30000003700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olive Hill
    County
    Carter
    State
    Kentucky
    Longitude
    -83.1708
    Latitude
    38.3952
    CBSA code
    26580
    CBSA name
    HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN 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
    $60
    $0.00
    $0.00
    $7,000
    -
    $0.00
    $0.00
    $7,000

    Comparable in this City

    • Value Estimation
      $65,000
      4,000 SF

      106 Carter Caves Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      106 Carter Caves Rd, Olive Hill, KY 41164-8583
      View Details
    • Value Estimation by Request
      3.40 Acres

      Armory Dr

      RETAIL STORES (PERSONAL SERVICES) • 3.40 Acres
      Armory Dr, Olive Hill, KY 41164
      View Details
    • Value Estimation by Request
      75.00 Acres

      8542 State Hwy 986

      RETAIL STORES (PERSONAL SERVICES) • 75.00 Acres
      8542 State Hwy 986, Olive Hill, KY 41164-8417
      View Details
    • Value Estimation by Request
      0.98 Acres

      560 Tom T Hall Blvd

      RETAIL STORES (PERSONAL SERVICES) • 0.98 Acres
      560 Tom T Hall Blvd, Olive Hill, KY 41164-7038
      View Details
    • Value Estimation by Request

      110 Mls St

      SHOW ROOM, WAREHOUSE
      110 Mls St, Olive Hill, KY 41164-6800
      View Details
    • Value Estimation by Request

      174 St Hwy

      SHOW ROOM, WAREHOUSE
      174 St Hwy, Olive Hill, KY 41164
      View Details

    Similar Nearby for Sale

    • $154,495
      1,960 SF

      Spacious Home with Versatile Bonus

      3-bedroom home with bonus space, enclosed carport, and storage.
      230 Madison Ln, Olive Hill, KY 41164
      View Details
    • $100,000
      43.00 Acres

      Unrestricted Land Near Grayson Lake

      43 acres of unrestricted land near Grayson Lake in Olive Hill.
      Craig Br, Olive Hill, KY 41164
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    • $79,000
      5.26 Acres

      Land Near Grayson Lake

      5.26 acres near I-64, Grayson Lake, and Rush Offroad Park.
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      View Details
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    8721 State Hwy 2nd 2
    Olive Hill, KY 41164
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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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