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Property profile & analytics
OFF-MARKET
Estimated value
$5,870,000
Commercial real estate
9 Linville Dr Paris, KY 40361-2129
Entity Owned
2-yr Hold
Free & Clear
Property ID
US34-1034973
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
52,858 SF
Lot
17.32 ac (754,459 SF)
APN
025-00-00-029.00
UPID
US34-1034973
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
-
Bourbon Community Hospital Sleep Medical Clinic
-
Chesnut Michael B MD Physician
-
Bourbon Community Hospital: Emergency Room Hospital
-
Dr. Richard E. Scalf, MD Physician
-
Dr. Matthew D. Zwick, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.73M
CAP Approach
CAP
$7.86M
Comparable Approach
Comparable
$5.77M
Blend (final)
Blend
$5.87M
Owner & transaction history
8 Linville Drive Mob LLC · 2 yrs held
8 Linville Drive Mob LLC
since 2023
Last sale
$5.9M
5 recorded transactions
Zoning & alternative use
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 Paris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paris 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
$5,910,000
ML approach
$6,730,000
CAP Approach
CAP Return
Estimation
6%
$8,510,000
6.5%
$7,855,000
7%
$7,295,000
Blend value · Realmo final
$5.87M
Range $5.28M – $6.46M · ±10% · vs last sale $5.90M (Nov 27 2023)
Last sale anchor
$5.90M
Nov 27 2023
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
$111 / 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
$71,719
Tax year 2023
Assessed value
$8,196,400
Assessed 2023
Previous assessed
$8,196,400
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$1,500,000
Assessed improvement
$6,696,400
Land market value
$1,500,000
Improvement market value
$6,696,400
Total market value
$8,196,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
YES
Cooling
YES
Stories
1
Total area
52,858 SF
Lot
17.32 ac (754,459 SF)
APN
025-00-00-029.00
UPID
US34-1034973
Jurisdiction
BOURBON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Stories
1
Lot
17.32 ac
Current owner
From public records · entity-resolved
8 Linville Drive Mob LLC
Entity
Free & Clear · 2 yrs held
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Bourbon Community Hospital LLC
—
Deed
related
$700,000 · Citibank NA
Mar 12, 2024
—
Bourbon Community Hospital LLC
—
Deed
related
$110,000,000 · Wilmington Trust NA
Nov 27, 2023
$5,900,000
8 Linville Drive Mob LLC
Bourbon Community Hospital LLC
Special Warranty Deed
—
Sep 3, 2020
—
Bourbon Community Hospital LLC
—
Deed
related
$600,000 · Wilmington Trust NA
Nov 8, 2019
—
Bourbon Community Hospital LLC
—
Deed
related
$800,000 · Wilmington Trust NA
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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