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    Property profile & analytics

    Ml Rdg Rd Somerset, KY 42503

    • Retail space
    • 14,370 SF
    • 10.50 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US34-0619193
    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

    • Retail space

    Property Details for Ml Rdg Rd

    Year built
    1970
    Construction
    WOOD FRAME
    Lot size
    10.50 lot acres
    Property size
    14,370 SF
    Property type
    Retail space
    APN
    059-0-0-04
    APU
    590004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.6309
    Latitude
    37.141
    CBSA code
    43700
    CBSA name
    SOMERSET, 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
    0
    $0.00
    $260,000
    $0.00
    $260,000
    -
    $260,000
    $0.00
    $260,000

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      767 Hwy 80

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      767 Hwy 80, Somerset, KY 42503-2740
      View Details
    • Value Estimation by Request
      0.91 Acres

      2250 Hwy 80

      RETAIL STORES (PERSONAL SERVICES) • 0.91 Acres
      2250 Hwy 80, Somerset, KY 42503-4777
      View Details
    • Value Estimation by Request
      4,000 SF

      Nn Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      Nn Hwy, Somerset, KY 42503
      View Details
    • Value Estimation by Request
      3,150 SF

      1284 Barnesburg Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,150 SF
      1284 Barnesburg Rd, Somerset, KY 42503-5054
      View Details
    • Value Estimation by Request
      5,000 SF

      195 Sunset Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      195 Sunset Blvd, Somerset, KY 42503-3071
      View Details
    • Value Estimation by Request
      1.00 Acre

      217 Hwy 27

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      217 Hwy 27, Somerset, KY 42503-1769
      View Details

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    Similar Nearby for Lease

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      Somerset Warehouse Space For Lease

      Versatile 6,000 sq. ft. warehouse space in prime location.
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      2,500 sq ft medical space available for rent now!
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      View Details
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    Ml Rdg Rd
    Somerset, KY 42503
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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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