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Financial
Distress signals
Property profile

9 Pike St Covington, KY 41011

OFF-MARKET
Turn key restaurants
Property ID
US34-0190733
1,364 SF 0.04 ac lot Built 1890
Last sale Feb 2022 · $430,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 9 W Pike St in Covington is a restaurant space configured for a breakfast and diner concept, historically supported by additional finished space in the lower level that previously housed a catering operation. The interior is described as fully equipped, indicating that existing foodservice equipment and back-of-house resources were installed to support on-site restaurant operations, with the lower-level layout providing supplemental capacity consistent with catering or expanded…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$430k
Assessed land$25k
Assessed improvement$405k
Effective rate1.33%

Value estimate

· Oct 2026
$430k
$387k – $473k
AI approach$430k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$78 – $193
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKENTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.4
HVAC Service13.2
Dental Office12.3

Location

9 Pike St Covington, KY 41011-2307
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
520 Main, Covington, KY 41011-1330 $145,000 Oct 2023 1,240 SF
603 9th, Covington, KY 41011-2005 $150,000 Sep 2023 944 SF
601 9th, Covington, KY 41011-2005 $150,000 Sep 2023 2,800 SF
522 Main, Covington, KY 41011-1330 $450,000 Jul 2023 1,321 SF
519 9th, Covington, KY 41011-2146 $91,000 Jan 2023 2,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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