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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Schools
8907 Us Hwy 42 Prospect, KY 40059-8837
Entity Owned
3-yr Hold
Free & Clear
Property ID
US34-0304773
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2005
Total area
8,900 SF
Lot
1.49 ac (64,904 SF)
Zoning code
R4-RESIDENTIAL SINGLE FAM
APN
21020600250000
UPID
US34-0304773
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
$1.11M
Blend (final)
Blend
$1.13M
Owner & transaction history
Prospect Sosa LLC · 3 yrs held
Prospect Sosa LLC
since 2023
6 recorded transactions
Zoning & alternative use
R4-RESIDENTIAL SINGLE FAM · Prospect, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
§ 161.02 AMENDMENTS.
Top alternative use upside
Auto repair, garage
$1.7M
+121.7%
Retail stores
$1.1M
+53.4%
Office building
$1.0M
+40.3%
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 Prospect submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prospect 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$745,000
Current use
AUTO REPAIR, GARAGE
$1,650,000
Change: +122% · Conversion: Difficult
RETAIL STORES
$1,140,000
Change: +53% · Conversion: Difficult
OFFICE BUILDING
$1,045,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$680,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10%
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
$126 / 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
$18,227
Tax year 2023
Assessed value
$1,574,030
Assessed 2023
Previous assessed
$1,574,030
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$730,250
Assessed improvement
$843,780
Land market value
$730,250
Improvement market value
$843,780
Total market value
$1,574,030
Applied tax rate
20.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2005
Heating
YES
Cooling
NONE
Stories
1
Total area
8,900 SF
Lot
1.49 ac (64,904 SF)
Zoning code
R4-RESIDENTIAL SINGLE FAM
APN
21020600250000
UPID
US34-0304773
Jurisdiction
JEFFERSON
Zoning & alternative use
R4-RESIDENTIAL SINGLE FAM · Prospect, KYZoning R4-RESIDENTIAL SINGLE FAM · permitted uses
R4-RESIDENTIAL SINGLE FAM · Prospect, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 161.02 AMENDMENTS.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$680,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2005
Heating
YES
Cooling
Yes
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Prospect Sosa LLC
Entity
Free & Clear · 3 yrs held
Mailing address
8907 US HWY 42, PROSPECT, KY 40059-8837
Ownership since
2023
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
Apr 14, 2026
—
Prospect Sosa LLC
—
Deed
related
$2,185,500 · Stock Yards Bank And Trust Company
Aug 26, 2025
—
Prospect Sosa LLC
—
Deed
related
$1,250,000 · Stock Yards Bank & Trust Co
Dec 3, 2024
—
Prospect Sosa LLC
—
Deed
related
$3,480,000 · Stock Yards Bank & Trust Co
Jun 29, 2023
—
Prospect Sosa LLC
Gustavo Reyes Torres
Quitclaim Deed
related
—
Dec 17, 2015
$1,500,000
Ec Educational Properties LLC
Plainview Pre-primary Sch Prop
Grant Deed
—
Oct 26, 2015
—
Plainview Pre-primary Sch Prop
—
Trustees Deed
related
$588,262 · Stockyard Bk&tr
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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