Property profile

116 Loudon Ave Lexington, KY 40505

OFF-MARKET
Retail space
Property ID
US34-0628010
1,664 SF 0.08 ac lot Built 1976
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Total area 1,664 SF
Lot 0.08 ac (3,332 SF)
Zoning code I-1
APN 14944650
UPID US34-0628010

Cap rate & NOI

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

Location

116 Loudon Ave Lexington, KY 40505-3527
Lexington metro Census 300 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

I-1 · Lexington, KY
Zoning description

I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or client visits to the residence (excluding pick-up or pre-ordered items or drop-off of…

General category INDUSTRIAL

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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