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    Property profile & analytics

    Melcon Ln London, KY 40741

    • Motels
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-1818180
    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

    • Motels

    Property Details for Melcon Ln

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.18 lot acres
    Property type
    Motels
    APN
    050-20-00-008.00
    APU
    50200000800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Laurel
    State
    Kentucky
    Longitude
    -84.1092
    Latitude
    37.1427
    CBSA code
    30940
    CBSA name
    LONDON, 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
    $1,582
    $0.00
    $0.00
    $200,000
    -
    $0.00
    $0.00
    $200,000

    Comparable in this City

    • Value Estimation by Request

      1232 Main St

      MOTEL
      1232 Main St, London, KY 40741-1010
      View Details
    • Value Estimation by Request
      34,500 SF

      2075 Hwy 192nd W

      MOTEL • 34,500 SF
      2075 Hwy 192nd W, London, KY 40741-1623
      View Details
    • Value Estimation
      $455,000
      1,700 SF

      Moriah Rd

      MOTEL • 1,700 SF
      Moriah Rd, London, KY 40741
      View Details
    • Value Estimation by Request
      25,480 SF

      285 Ww Hwy

      MOTEL • 25,480 SF
      285 Ww Hwy, London, KY 40741
      View Details
    • Value Estimation
      $3,880,000
      19,000 SF

      254 Hal Rogers Pkwy

      MOTEL • 19,000 SF
      254 Hal Rogers Pkwy, London, KY 40741-9855
      View Details
    • Value Estimation by Request
      46,092 SF

      506 Minton Dr

      HOTEL • 46,092 SF
      506 Minton Dr, London, KY 40741-1637
      View Details

    Similar Nearby for Sale

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      0.50 Acres

      Residential Land in Laurel County

      Residential land for sale in London, KY. Build your dream home!
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    Similar Nearby for Lease

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      23,904 SF

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      Walmart-shadowed strip center; 2,000 sq ft available.
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      Commercial land for lease with high visibility and office space.
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      Downtown London Office Leasing Opportunity

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      High-visibility office/retail space near interstate and popular retailers.
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      6,000 SF Standalone Medical Office, Ample Parking
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    Melcon Ln
    London, KY 40741
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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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