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    Property profile & analytics

    Magellan Way Latonia, KY 41015

    • Parking lots & garages
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0778715
    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

    • Parking lots & garages

    Property Details for Magellan Way

    Property type
    Parking lots & garages
    APN
    857-10-00-006.03
    APU
    857100000603

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Latonia
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.4984
    Latitude
    39.0137
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN 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
    $22,386
    $0.00
    $2,100,000
    $2,100,000
    -
    $0.00
    $2,100,000
    $2,100,000

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      4604 Decoursey Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.05 Acres
      4604 Decoursey Ave, Latonia, KY 41015
      View Details
    • Value Estimation by Request
      0.09 Acres

      3617 Decoursey Ave, Unit 19

      PARKING LOT • 0.09 Acres
      3617 Decoursey Ave, Covington, KY 41015-1437
      View Details
    • Value Estimation by Request
      0.71 Acres

      3535 Latonia Ave

      PARKING LOT • 0.71 Acres
      3535 Latonia Ave, Covington, KY 41015-1341
      View Details
    • Value Estimation by Request
      0.08 Acres

      3718 Tibbatts St

      PARKING LOT • 0.08 Acres
      3718 Tibbatts St, Latonia, KY 41015
      View Details
    • Value Estimation by Request
      0.13 Acres

      10 Inez St

      PARKING LOT • 0.13 Acres
      10 Inez St, Covington, KY 41015-1444
      View Details
    • Value Estimation by Request
      552 SF

      679 Maple Rd

      PARKING GARAGE, PARKING STRUCTURE • 552 SF
      679 Maple Rd, Latonia, KY 41015
      View Details

    Similar Nearby for Sale

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      Vacant 0.75-acre shopping center
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      Turnkey investment with commercial space and updated apartment.
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      Retail Space in Latonia

      Retail property with high visibility and easy access.
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    Similar Nearby for Lease

    • $4,053 /Mo
      66,054 SF

      Retail Space in Taylor Mill

      Retail space with existing infrastructure in high-traffic area.
      5113 Taylor Mill Rd, Taylor Mill, KY 41015
      View Details
    • Contact for pricing
      19,058 SF

      Retail Space in Latonia Centre

      Retail spaces available in Covington, KY, community center.
      4303-4387 Winston Ave, Covington, KY 41015
      View Details
    • $1,800 /Mo
      1,232 SF

      Retail Space in Latonia

      Retail space in Covington with high visibility and easy access.
      3912 Winston Ave, Covington, KY 41015
      View Details
    • $1,800 /Mo
      2,200 SF

      Latonia Commercial Space For Rent

      2200 SF commercial space in the heart of Latonia.
      3622 Decoursey Ave, Latonia, KY 41015
      View Details
    • $1,250 /Mo
      31,363 SF

      Taylor Mill Commercial Land Lease

      Strategically located land available for long-term ground lease.
      4801 Pride Pkwy, Taylor Mill, KY 41015
      View Details
    • Contact for pricing
      306,560 SF

      Industrial Space Near I-75/I-71

      306,560 SF industrial space with easy highway access.
      10409 Robert Spegal Rd, Independence, KY 41015
      View Details
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    Magellan Way
    Latonia, KY 41015
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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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