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    Property profile & analytics

    Festival Ln Morgantown, KY 42261

    • Warehouses
    • 7,192 SF
    • 3.54 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1072239
    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

    • Warehouses

    Property Details for Festival Ln

    Year built
    1960
    Lot size
    3.54 lot acres
    Property size
    7,192 SF
    Property type
    Warehouses
    APN
    MT3-00-00-058.00
    APU
    MT3000005800

    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
    -86.6937
    Latitude
    37.221
    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
    $386
    $0.00
    $0.00
    $40,000
    -
    $0.00
    $0.00
    $40,000

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      Russellville St

      MINI-WAREHOUSE, STORAGE • 0.34 Acres
      Russellville St, Morgantown, KY 42261
      View Details
    • Value Estimation by Request
      3,535 SF

      485 Walnut Grv Rd

      WAREHOUSE, STORAGE • 3,535 SF
      485 Walnut Grv Rd, Morgantown, KY 42261-8925
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    • Value Estimation by Request
      93,500 SF

      390 Industrial N Dr

      WAREHOUSE, STORAGE • 93,500 SF
      390 Industrial N Dr, Morgantown, KY 42261-7354
      View Details
    • Value Estimation by Request
      20,625 SF

      586 Industrial N Dr

      MINI-WAREHOUSE, STORAGE • 20,625 SF
      586 Industrial N Dr, Morgantown, KY 42261-8852
      View Details
    • Value Estimation by Request
      2.35 Acres

      Jim Embry Dr

      WAREHOUSE, STORAGE • 2.35 Acres
      Jim Embry Dr, Morgantown, KY 42261
      View Details
    • Value Estimation by Request
      8,700 SF

      837 Main St

      WAREHOUSE, STORAGE • 8,700 SF
      837 Main St, Morgantown, KY 42261-9422
      View Details

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      Charming home with large backyard, close to town and parkway.
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    Festival Ln
    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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