Financial
Distress signals
Property profile

5531 Athens Boonesboro Rd Lexington, KY 40509

FOR SALE
Hotels
Property ID
US34-0533363
24,474 SF 1.98 ac lot Built 1995
Last sale Mar 2022 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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5531 Athens Boonesboro Rd, Lexington, KY 40509 For Sale
$2,900,000 24,474 SF
5531 Athens Boonesboro Rd, Lexington, KY 40509
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$2.40M
Effective rate1.07%

Value estimate

· Sep 2026
$3.29M
$2.96M – $3.62M
CAP approach$2.27M
NOI build-up
Gross scheduled income$523k
Vacancy & credit loss−$63k
Operating expenses−$242k
NOI · 7.54% cap applied$219k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.54%
$219k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-5P
Article 11 - INTERCHANGE SERVICE BUSINESS (B-5P) ZONE Share Download Bookmark Print Sec. 11-1. - Intent. The intent of this zone is to pe...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop8.2
Smoke and Vape Shop8.2
Butcher8.1

Location

5531 Athens Boonesboro Rd Lexington, KY 40509
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1973 Plaudit, Lexington, KY 40509-2418 $8,320,000 Dec 2022 53,491 SF
5532 Athens Boonesboro, Lexington, KY 40509-9491 $2,375,000 Jul 2020 99,727 SF
2033 Bryant, Lexington, KY 40509-9427 $9,500,000 Jan 2020 74,648 SF
1951 Pleasant Rdg, Lexington, KY 40509-2413 $9,647,100 Oct 2019 52,173 SF
2688 Pink Pigeon, Lexington, KY 40509-2258 $870,000,000 May 2019 56,690 SF
1750 Pleasant Rdg, Lexington, KY 40509-2777 $1,400,000 Mar 2019 63,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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