Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Alverson Dr Paris, KY 40361

    • Commercial land
    • 3.36 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 20, 2021
    $132,378
    Location Intelligence
    Property ID
    US34-1880157
    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

    • Commercial land

    Property Details for Alverson Dr

    Lot size
    3.36 lot acres
    Property type
    Commercial land
    APN
    026-00-00-036.07
    APU
    26000003607

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Bourbon
    State
    Kentucky
    Longitude
    -84.2766
    Latitude
    38.2034
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY 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
    $1,158
    $132,378
    $0.00
    $132,378
    -
    $132,378
    $0.00
    $132,378

    Comparable in this City

    • Value Estimation by Request

      101 10th St

      VACANT COMMERCIAL LAND
      101 10th St, Paris, KY 40361-1969
      View Details
    • Value Estimation by Request

      4th St

      VACANT COMMERCIAL LAND
      4th St, Paris, KY 40361
      View Details
    • Value Estimation by Request

      432 8th St

      VACANT COMMERCIAL LAND
      432 8th St, Paris, KY 40361-1304
      View Details
    • Value Estimation by Request

      310 8th St

      VACANT COMMERCIAL LAND
      310 8th St, Paris, KY 40361-1368
      View Details
    • Value Estimation by Request

      505 Atlas St

      VACANT COMMERCIAL LAND
      505 Atlas St, Paris, KY 40361-1437
      View Details
    • Value Estimation by Request
      3.81 Acres

      249 Brentsville Rd

      VACANT COMMERCIAL LAND • 3.81 Acres
      249 Brentsville Rd, Paris, KY 40361-9706
      View Details

    Similar Nearby for Sale

    • $130,000
      0.41 Acres

      Downtown Paris Blacktop Parking Lot

      28-space parking lot in downtown Paris, Kentucky, with development potential.
      101 3Rd St, Paris, KY 40361
      View Details
    • $2,000,000
      47.00 Acres

      Historic Paris Golf Course Land

      47-acre former golf course with development potential in Paris, KY.
      38 E Main St, Paris, KY 40361
      View Details
    • $450,000
      39.71 Acres

      Paris, Kentucky Farmland Opportunity

      39.71 acres of unrestricted land in Bourbon County, Kentucky.
      250 Rockridge Rd, Paris, KY 40361
      View Details
    • $230,000

      Bourbon County Building Tract

      6.899 acre building tract in Bourbon County.
      403 Ruddles Mill Rd, Paris, KY 40361
      View Details
    • $56,000
      0.30 Acres

      Residential Lot in Houston Oaks

      Residential land in Houston Oaks neighborhood, ideal for building a home.
      165 Cross Crk Dr, Paris, KY 40361
      View Details
    • $79,900
      0.47 Acres

      Residential Land in Golf Community

      0.46-acre lot in Houston Oaks Golf Course community.
      303 Ironwood Cir, Paris, KY 40361
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      120,784 SF

      Paris Village Shopping Center

      Kentucky Retail Center: 17,624 SF Available
      2000-2236 Paris By-Pass, Paris, KY 40361
      View Details
    • $2,000 /Mo
      1,540 SF

      Prime Commercial Space in Paris, KY

      High-visibility commercial property in Paris, KY, ideal for retail/office.
      1828 Main St, Paris, KY 40361
      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.
    Alverson Dr
    Paris, KY 40361
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.