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Financial
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Property profile

763 Lane Allen Rd Lexington, KY 40504

FOR LEASE
Retail space
Property ID
US34-0356605
2,680 SF 0.21 ac lot Built 1952
Last sale Aug 2020 · $382,450
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years.
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Property summary

AI-generated overview

Built in 1952, this mixed-use property includes two separately accessed commercial units, each with approximately 1,327 square feet per level for a total of about 2,654 square feet above grade. One unit is configured as a contractor office with reception, private offices, and a kitchen, while the other has been used as a salon. The property also features about 1,830 square feet below grade, divided into two areas of approximately 915 square feet each, used for meeting and storage. The building…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$383k
Effective rate1.23%

Value estimate

· Oct 2026
$310k
$279k – $341k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 8,007.25% cap applied$32k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
Submarket average, outlier-cleaned · 114 recorded sales of this use type
Observed band · Q1–Q3$108 – $298
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8,007.25%
$32k 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-1
The intent of this zone is to accommodate neighborhood shopping facilities to serve the needs of the surrounding residential area
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.5
Building Supply20.0
Auto Parts Store16.2

Location

763 Lane Allen Rd Lexington, KY 40504
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2300 Versailles, Lexington, KY 40504-1606 $3,113,851 Nov 2023 3,240 SF
831 Ln Allen, Lexington, KY 40504-3605 $801,000 May 2022 2,794 SF
1011 Broadway, Lexington, KY 40504-2604 $650,000 Dec 2020 3,202 SF
2001 Versailles, Lexington, KY 40504-1404 $885,000 Dec 2019 2,172 SF
711 Red Mile, Lexington, KY 40504-1153 $170,000 Sep 2019 2,500 SF
2205 Versailles, Lexington, KY 40504-1656 $560,000 Apr 2019 3,410 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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