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Property profile & analytics
OFF-MARKET
Residential income homes
109 Withers Ave Lexington, KY 40505-3279
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US34-0115229
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1930
Total area
1,665 SF
Lot
0.17 ac (7,501 SF)
Zoning code
R-1C
APN
41174900
UPID
US34-0115229
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Field Street LLC · 2 yrs held
Field Street LLC
since 2024
Last sale
$345,000
4 recorded transactions
Zoning & alternative use
R-1C · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ne. Zone, business, means B-1, B-2, B-2A, B-2B, B-3, B-4, B-5P, B-6P or CC zone. Zone, industrial, means an I-1, I-2 or ED zone. Zone, mixed use, means an MU-1, MU-2 or MU-3 zone. Zone, residential, means an R-1A, R-1B, R-1C, R-1D, R-1E, R-1T, R-2, R-3, R-4, R-5, EAR-1, EAR-2, EAR-3 or PUD-1 zone. Zoological garden means a park-like area in which live animal…
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
10,518.85 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,455
Tax year 2023
Assessed value
$200,000
Assessed 2023
Previous assessed
$200,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Total market value
$200,000
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1930
Heating
NONE
Cooling
WINDOW A/C
Stories
2
Units
4
Total area
1,665 SF
Lot
0.17 ac (7,501 SF)
Zoning code
R-1C
APN
41174900
UPID
US34-0115229
Jurisdiction
FAYETTE
Zoning & alternative use
R-1C · Lexington, KYZoning R-1C · permitted uses
R-1C · Lexington, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ne. Zone, business, means B-1, B-2, B-2A, B-2B, B-3, B-4, B-5P, B-6P or CC zone. Zone, industrial, means an I-1, I-2 or ED zone. Zone, mixed use, means an MU-1, MU-2 or MU-3 zone. Zone, residential, means an R-1A, R-1B, R-1C, R-1D, R-1E, R-1T, R-2, R-3, R-4, R-5, EAR-1, EAR-2, EAR-3 or PUD-1 zone. Zoological garden means a park-like area in which live animals are kept in cages or large enclosures for public exhibition. (Code 1983, 1-11; Ord
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
10,518.85 ac
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Field Street LLC
Entity
Mailing address
113 E LOUDON AVE, LEXINGTON, KY 40505-3526
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2024
$345,000
Field Street LLC
The Riesig Group LLC
Deed
$268,000 · L&n FCU
Apr 5, 2019
$47,000
Riesig Group LLC
Britron 1 LLC
Deed
—
Apr 7, 2014
$12,500
Britton 1 LLC
U S Bk NA-tr
Deed
—
Aug 7, 2013
$46,667
Bank Of America NA
Handicap Childrens Tr
Foreclosure
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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