2168 Lantern RdgRichmond, KY 40475

  • Retail properties
  • 7,500 SF
Off market
$3,223,648 Estimated

Property Details for 2168 Lantern Rdg

Construction
STEEL FRAME
Lot size
1.70 AC
Property size (Sq ft)
7,500 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
0042-0010-0009
APU
4200100009

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,891,572
    6.5%
    $1,746,066
    7%
    $1,621,347
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,606,556
    Method 2
    $1,626,912
  • Alternative Use

    Use
    Valuation
    Residential
    $1,472,872
    Hospitality
    $1,349,143
    Educational
    $1,122,471
    Medical
    $1,161,075
    Retail
    $1,746,066
2168 Lantern Rdg, Richmond, Kentucky

Location Insight

City
Richmond
County
Madison
State
Kentucky
Latitude
37.738
Longitude
-84.3253
CBSA code
40080
CBSA name
RICHMOND-BEREA, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $2,664,172
  • Tax year
    2023
  • Tax bill
    $25,842

Property Visit Statistics

  • Visits by month
    18.9k
  • Visitors by month
    14.2k
  • Avg Time on site
    24 min

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