Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Royer Ave Lebanon, KY 40033

    • Retail space
    • 1,781 SF
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US34-1079868
    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 Royer Ave

    Construction
    WOOD
    Property size
    1,781 SF
    Property type
    Retail space
    APN
    LE-03-22-02
    APU
    LE032202

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Marion
    State
    Kentucky
    Longitude
    -85.2433
    Latitude
    37.5748

    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
    $269
    $160,000
    $0.00
    $160,000
    -
    $160,000
    $0.00
    $160,000

    Comparable in this City

    • Value Estimation by Request
      2,016 SF

      Main

      RETAIL STORES (PERSONAL SERVICES) • 2,016 SF
      Main, Lebanon, KY 40033
      View Details
    • Value Estimation by Request
      1,860 SF

      236 Mulberry St

      RETAIL STORES (PERSONAL SERVICES) • 1,860 SF
      236 Mulberry St, Lebanon, KY 40033-1214
      View Details
    • Value Estimation by Request
      160 SF

      231 Penick Tatum Loop

      RETAIL STORES (PERSONAL SERVICES) • 160 SF
      231 Penick Tatum Loop, Lebanon, KY 40033-7615
      View Details
    • Value Estimation
      $220,000
      1,781 SF

      525 Royer Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,781 SF
      525 Royer Ave, Lebanon, KY 40033-1032
      View Details
    • Value Estimation
      $285,000
      364 SF

      311 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 364 SF
      311 Walnut St, Lebanon, KY 40033-1359
      View Details
    • Value Estimation
      $355,000
      3,840 SF

      65 Sulphur Spgs Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      65 Sulphur Spgs Rd, Lebanon, KY 40033-9774
      View Details

    Similar Nearby for Sale

    • $899,000
      Pending

      Mixed-Use Building in Downtown Lebanon

      Two-story mixed-use building with restaurant and apartments in downtown Lebanon.
      202 W Main St, Lebanon, KY 40033
      View Details
    • $40,000
      0.33 Acres

      Rosewood Golf Course Lake Lot

      Lake lot near Rosewood Golf Course, ideal for dream home.
      48 Fairway Dr, Lebanon, KY 40033
      View Details
    • $35,000
      0.69 Acres

      Vacant Land in Lebanon, KY

      0.69 acre building lot a few miles from Lebanon.
      550 Block 3 Pne Rd, Lebanon, KY 40033
      View Details
    • New
      $109,900
      2.40 Acres

      Prime Vacant Land Opportunity

      B-2 lot in prime location near bypass and schools.
      706 North Spalding Ave, Lebanon, KY 40033
      View Details
    • $125,000
      0.66 Acres

      Commercial Lot Near Lebanon Bypass

      Commercial land for sale near Lebanon Bypass and Walmart.
      150 Block Veterans Memorial Pkwy, Lebanon, KY 40033
      View Details
    • $80,000
      1.33 Acres

      Residential Land in Highland Park

      1.33 acre residential land ready for development.
      28A-B Highland Park, Lebanon, KY 40033
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,750 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center.
      2150-2158 Campbellsville Rd, Lebanon, KY 40033
      View Details
    • $7 SF/Yr
      59,760 SF

      Lebanon Trade Center: Retail Opportunity

      High-visibility retail center, 7 spaces available
      770 Main St, Calvary, KY 40033
      View Details
    • $10 SF/Yr
      5,000 SF

      Retail Space in Renovated Center

      Retail space available in a recently renovated shopping center.
      770 W Main St, Lebanon, KY 40033
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Royer Ave
    Lebanon, KY 40033
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.