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    Property profile & analytics

    Boat Factory Rd Morgantown, KY 42261

    • Apartment buildings
    • 1,107 SF
    • 4.89 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1008087
    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

    • Apartment buildings

    Property Details for Boat Factory Rd

    Lot size
    4.89 lot acres
    Property size
    1,107 SF
    Property type
    Apartment buildings
    APN
    070-00-00-009.01
    APU
    70000000901

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Butler
    State
    Kentucky
    Longitude
    -86.6863
    Latitude
    37.2336
    CBSA code
    14540
    CBSA name
    BOWLING GREEN, 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
    $6,417
    $0.00
    $0.00
    $665,000
    -
    $0.00
    $0.00
    $665,000

    Comparable in this City

    • Value Estimation by Request
      17,488 SF

      500 Boat Factory Rd

      APARTMENT HOUSE (5+ UNITS) • 17,488 SF
      500 Boat Factory Rd, Morgantown, KY 42261-8405
      View Details
    • Value Estimation by Request
      4,160 SF

      Jim Embry Dr

      APARTMENT HOUSE (5+ UNITS) • 4,160 SF
      Jim Embry Dr, Morgantown, KY 42261
      View Details
    • Value Estimation by Request
      9,344 SF

      100 Oak Vly Dr

      APARTMENT HOUSE (5+ UNITS) • 9,344 SF
      100 Oak Vly Dr, Morgantown, KY 42261-8622
      View Details
    • Value Estimation by Request
      2,342 SF

      Old Logansport Rd

      APARTMENT HOUSE (5+ UNITS) • 2,342 SF
      Old Logansport Rd, Morgantown, KY 42261
      View Details
    • Value Estimation by Request
      3,840 SF

      Hobson St

      APARTMENT HOUSE (5+ UNITS) • 3,840 SF
      Hobson St, Morgantown, KY 42261
      View Details
    • Value Estimation by Request
      17,292 SF

      250 Oak Vly Dr

      APARTMENT HOUSE (5+ UNITS) • 17,292 SF
      250 Oak Vly Dr, Morgantown, KY 42261-8624
      View Details

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      Secluded Acreage in Morgantown, KY

      37+ acres of secluded land, perfect for hunting or building.
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    Boat Factory Rd
    Morgantown, KY 42261
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    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
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