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    Property profile & analytics

    100 Regency Pt Path Lexington, KY 40503-2356

    • Strip malls
    • 6,396 SF
    • 0.83 lot acres
    OFF-MARKET
    Last Sale
    Dec 23, 2024
    $1,400,000
    Value Estimations
    $1,395,000
    Show details
    Cap Rate Potential
    5.8%
    Strip malls
    Location Intelligence
    Property ID
    US34-0631222
    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

    • Aqua Massage Of Kentucky / Massage Therapist
    • Jackline Soap & Sud / Beauty Salon
    • Soap & Suds Laundromat / Laundromat / Laundry
    • Coin Cloud Bitcoin ATM / Atm / Crypto Atm

    Property Details for 100 Regency Pt Path

    Year built
    2007
    Lot size
    0.83 lot acres
    Property size
    6,396 SF
    Zone code
    B-3
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    38197510
    APU
    38197510

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,400,000
      ML approach
      $1,400,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,360,000
      6.5%
      $1,255,000
      7%
      $1,165,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5211
    Latitude
    38.0008
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    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
    $12,242
    $0.00
    $0.00
    $990,000
    -
    $0.00
    $0.00
    $990,000

    Comparable in this City

    • Value Estimation by Request
      196,147 SF

      4051 Nicholasville Rd

      SHOPPING CENTER, STRIP CENTER • 196,147 SF
      4051 Nicholasville Rd, Lexington, KY 40503-4447
      View Details
    • Value Estimation by Request
      12,787 SF

      2434 Nicholasville Rd

      SHOPPING CENTER, STRIP CENTER • 12,787 SF
      2434 Nicholasville Rd, Lexington, KY 40503-3107
      View Details
    • Value Estimation
      $2,375,000
      5,455 SF

      124 Burt Rd

      SHOPPING CENTER, STRIP CENTER • 5,455 SF
      124 Burt Rd, Lexington, KY 40503-2411
      View Details
    • Value Estimation by Request
      6,440 SF

      1915 Nicholasville Rd, Unit 1919

      SHOPPING CENTER, STRIP CENTER • 6,440 SF
      1915 Nicholasville Rd, Lexington, KY 40503-2043
      View Details
    • Value Estimation by Request
      25,300 SF

      3323 Partner Pl

      SHOPPING CENTER, STRIP CENTER • 25,300 SF
      3323 Partner Pl, Lexington, KY 40503-3505
      View Details
    • Value Estimation by Request
      21,873 SF

      1983 Harrodsburg Rd, Unit 1999

      SHOPPING CENTER, STRIP CENTER • 21,873 SF
      1983 Harrodsburg Rd, Lexington, KY 40503-1254
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Center on Nicholasville Road

      Retail spaces available in a high-traffic shopping center.
      3220 Nicholasville Rd, Lexington, KY 40503
      View Details
    • Contact for pricing

      Retail Outlots in Lexington Center

      Retail/office center with outlots and leasing opportunities available.
      3330 Keithshire Way, Lexington, KY 40503
      View Details
    • $799,000
      0.47 Acres

      Commercial Corner Lot on Southland

      Corner lot on a busy corridor, suitable for various businesses.
      216 Southland Dr, Lexington, KY 40503
      View Details
    • Contact for pricing

      Retail Space Near Fayette Mall

      Retail spaces for sale near Fayette Mall in Lexington, KY.
      3851 Mall Rd, Lexington, KY 40503
      View Details
    • $2,475,000
      14,400 SF

      Retail/Flex Building on Regency Road

      14,400 SF retail/flex building for sale in Lexington, KY.
      2550 Regency Rd, Lexington, KY 40503
      View Details
    • $1,290,000
      11,903 SF

      Nicholasville Road Bank Branch

      11,903 SF bank branch on 1.05 AC for sale.
      2020 Nicholasville Rd, Lexington, KY 40503
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      40,000 SF

      Tiverton Shoppes Retail Center

      Lexington Retail Strip Center, 14 Suites
      130 Tiverton Way, Lexington, KY 40503
      View Details
    • $10 SF/Yr
      104,974 SF

      Keithshire Place: Lexington Office Space

      Prime Lexington Office & Retail Center
      3320 Partner Pl, Lexington, KY 40503
      View Details
    • $26 SF/Yr
      12,000 SF

      West Zandale Plaza: Office Suites for Lease

      Lexington Office Space: Prime Location, Flexible Sizes
      151 Zandale Dr, Lexington, KY 40503
      View Details
    • Contact for pricing
      1,190,985 SF

      Fayette Mall Retail Space

      Lexington, KY Shopping Center Opportunity
      3401 Nicholasville Rd, Lexington, KY 40503
      View Details
    • Contact for pricing
      77,087 SF

      Zandale Shopping Center: Retail Opportunity

      Prime Retail Space, Zandale, 77,087 SF
      2220 Nicholasville Rd, Lexington, KY 40503
      View Details
    • $22 SF/Yr
      189,418 SF

      Regency Centre Retail Space Available

      Lexington Retail Center, High Traffic Area
      2325 Nicholasville Rd, Lexington, KY 40503
      View Details

    Property Visit Statistics

    • Visits by month
      50.2k
    • Visitors by month
      41.3k
    • Avg Time on site
      18 min
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    100 Regency Pt Path
    Lexington, KY 40503-2356
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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