Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    906 Lebanon Ave Campbellsville, KY 42718-1902
    Back to Search
    Property profile & analytics

    906 Lebanon Ave, Campbellsville, KY 42718-1902

    View on Map
    • Retail space
    • 2,230 SF
    • 0.30 lot acres
    Off-Market
    Last Sale Jun 14, 2021
    $160,000
    Property ID
    US34-0989123
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Porter's Playhouse / Daycare Center / Foster Care Service
    • ATM / Atm

    Property Details for 906 Lebanon Ave

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.30 lot acres
    Property type
    Retail space
    APN
    C03-15-02 & 03
    APU
    C03150203

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 14, 2021 — Porters Playhouse LLC Porters Playhouse LLC Intrafamily Transfer · related —
    Oct 27, 2008 $160,000 Lil Ts Tranffic Stop Lc Byron Smith Propetrties LLC Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Campbellsville
    County
    Taylor
    State
    Kentucky
    Longitude
    -85.3434
    Latitude
    37.3539
    CBSA code
    15820
    CBSA name
    CAMPBELLSVILLE, KY MICROPOLITAN 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
    $443
    $0.00
    $0.00
    $105,000
    -
    $0.00
    $0.00
    $105,000

    Comparable in this City

    • Value Estimation by Request
      1,988 SF

      416 Black Gnat Rd

      RETAIL STORES (PERSONAL SERVICES)
      416 Black Gnat Rd, Campbellsville, KY 42718-8857
      View Details
    • Value Estimation by Request
      5,782 SF

      315 Broadway St

      RETAIL STORES (PERSONAL SERVICES)
      315 Broadway St, Campbellsville, KY 42718-2003
      View Details
    • Value Estimation by Request
      2,700 SF

      101 Ct St

      RETAIL STORES (PERSONAL SERVICES)
      101 Ct St, Campbellsville, KY 42718-1366
      View Details
    • Value Estimation by Request
      5,148 SF

      204 Ct St

      RETAIL STORES (PERSONAL SERVICES)
      204 Ct St, Campbellsville, KY 42718-2220
      View Details
    • Value Estimation by Request
      3,720 SF

      205 Dragway Ln

      RETAIL STORES (PERSONAL SERVICES)
      205 Dragway Ln, Campbellsville, KY 42718-7614
      View Details
    • Value Estimation by Request
      1,288 SF

      Hodgenville Rd

      RETAIL STORES (PERSONAL SERVICES)
      Hodgenville Rd, Campbellsville, KY 42718
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,400 SF

      Highway 210 Retail Opportunity

      Commercial building with high visibility and road frontage on Hwy 210.
      12753 Hodgenville Rd, Campbellsville, KY 42718
      View Details
    • $350,000
      10,000 SF

      Versatile Commercial Building Near Walmart

      10,000 SF commercial building with upgraded electric and unfinished basement.
      1870 Old Hodgenville Rd, Campbellsville, KY 42718
      View Details
    • Contact for pricing

      Retail Space Across From Walmart

      Retail space for lease in prime retail trade area.
      726 Campbellsville Byp, Campbellsville, KY 42718
      View Details
    • Contact for pricing
      36,388 SF

      Former Grocery Store and Call Center

      Former grocery store and call center suitable for storage, retail, office.
      470 Hotchkiss St, Campbellsville, KY 42718
      View Details
    • $250,000
      3,740 SF

      Historic Downtown Commercial Building on Main

      Historic 3,740 sq ft commercial building on Main Street.
      119 E Main St, Campbellsville, KY 42718
      View Details
    • $729,900
      1.00 Acre

      Prime Commercial Lot on Broadway

      High-visibility commercial lot with existing building and ample parking.
      711 E Broadway St, Campbellsville, KY 42718
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Neighborhood Retail Shopping Center

      Leasing within a recently renovated neighborhood shopping center with signalized access and strong daytime traffic.
      103 Central Shopping Ctr, Campbellsville, KY 42718
      View Details
    • Contact for pricing
      34,000 SF

      Retail Space in Campbellsville, KY

      Retail space available in Campbellsville, Kentucky.
      1509 E Broadway St, Campbellsville, KY 42718
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Green River Plaza

      Grocery-anchored retail space with high visibility on Campbellsville Bypass.
      399 Campbellsville Byp, Campbellsville, KY 42718
      View Details
    • $495 /Mo

      Land For Rent in Campbellsville

      Vacant land available for rent in Campbellsville, Kentucky.
      151 Smith Ridge Rd, Campbellsville, KY 42718
      View Details
    • $3,000 /Mo
      2,040 SF

      Campbellsville Medical Office Space

      Medical office space for lease in Campbellsville, Kentucky.
      100 Greenbriar Dr, Campbellsville, KY 42718
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    906 Lebanon Ave
    Campbellsville, KY 42718-1902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    906 Lebanon Ave, Campbellsville, KY, 42718
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!