Technical
Financial
Distress signals
Property profile

109 Clay Ave Lexington, KY 40502

OFF-MARKET
Retail space
Property ID
US34-0424674
4,000 SF 0.07 ac lot Built 1930
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 4,000 SF
Lot 0.07 ac (3,049 SF)
Zoning code B-1
APN 15554900
UPID US34-0424674

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

109 Clay Ave Lexington, KY 40502-1701
Lexington metro Census 600 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$585k
Comparable Approach Comparable
$744k
Blend (final) Blend
$945k

Owner & transaction history

since 2023
Last sale
$650,000
1 recorded transaction
2023
$650,000

Zoning & alternative use

B-1 · Lexington, KY
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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