2139 Lantern RdgRichmond, KY 40475

  • Retail properties
  • 8,772 SF
Off market
$1,007,930 Estimated

Property Details for 2139 Lantern Rdg

Property size (Sq ft)
8,772 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
0042-0010-0027
APU
4200100027

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,212,382
    6.5%
    $2,042,199
    7%
    $1,896,328
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,879,028
    Method 2
    $1,902,836
  • Alternative Use

    Use
    Valuation
    Residential
    $1,722,671
    Hospitality
    $1,577,958
    Educational
    $1,312,842
    Medical
    $1,357,993
    Retail
    $2,042,199
2139 Lantern Rdg, Richmond, Kentucky

Location Insight

City
Richmond
County
Madison
State
Kentucky
Latitude
37.7378
Longitude
-84.3274
CBSA code
40080
CBSA name
RICHMOND-BEREA, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $833,000
  • Tax year
    2023
  • Tax bill
    $8,080

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