Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1418 Versailles Rd, Unit 1506 Lexington, KY 40504-1119

    • Hotels
    • 760 SF
    • 4.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 23, 2020
    Location Intelligence
    Property ID
    US34-0461237
    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

    • Hotels

    Property Details for 1418 Versailles Rd

    Year built
    1953
    Lot size
    4.10 lot acres
    Property size
    760 SF
    Zone code
    B-1
    Property type
    Hotels
    Property subtype
    Motels
    APN
    21594651
    APU
    21594651

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5282
    Latitude
    38.0487
    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
    $7,791
    $0.00
    $0.00
    $630,000
    -
    $0.00
    $0.00
    $630,000

    Comparable in this City

    • Value Estimation
      $4,255,000
      40,604 SF

      444 Pkwy Dr

      HOTEL/MOTEL • 40,604 SF
      444 Pkwy Dr, Lexington, KY 40504-2710
      View Details
    • Value Estimation by Request
      54,582 SF

      1000 Export St

      HOTEL/MOTEL • 54,582 SF
      1000 Export St, Lexington, KY 40504-2683
      View Details
    • Value Estimation by Request
      2,368 SF

      1375 Broadway

      HOTEL/MOTEL • 2,368 SF
      1375 Broadway, Lexington, KY 40504-2703
      View Details
    • Value Estimation
      $945,000
      57,625 SF

      501 Waller Ave

      HOTEL/MOTEL • 57,625 SF
      501 Waller Ave, Lexington, KY 40504-2736
      View Details
    • Value Estimation by Request
      67,214 SF

      863 Broadway

      HOTEL/MOTEL • 67,214 SF
      863 Broadway, Lexington, KY 40504-2601
      View Details
    • Value Estimation
      $1,400,000
      46,639 SF

      535 Waller Ave

      HOTEL/MOTEL • 46,639 SF
      535 Waller Ave, Lexington, KY 40504-2736
      View Details

    Similar Nearby for Sale

    • $385,000
      0.32 Acres

      Lexington Commercial Land - $385K

      0.32-acre lot, prime Lexington location.
      381 Legion Dr, Lexington, KY 40504
      View Details
    • $499,000
      6,613 SF

      Lexington Medical Office Condo

      6,613 SF Medical Office - $499,000
      715 Shaker Dr, Lexington, KY 40504
      View Details
    • $1,350,000
      1,217 SF

      Lexington Executive Office Condos

      Prime location, multiple suites available
      1218 Broadway, Lexington, KY 40504
      View Details
    • $164,900
      966 SF

      Move-in Ready Office Condo

      Newly renovated office condo with excellent visibility and modern amenities.
      715 Shaker Dr, Lexington, KY 40504
      View Details
    • $429,500
      3,068 SF

      Renovated Duplex: Turnkey Investment

      Updated duplex with modern finishes, strong investment potential.
      1999 Fair Oaks Dr, Lexington, KY 40504
      View Details
    • $332,220
      5,537 SF

      Lexington Office Condo - $332,220

      Prime Lexington Office Space, 5,537 SF
      1218 Broadway, Lexington, KY 40504
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      10,080 SF

      705 Werne Dr

      Distribution properties • 10,080 SF
      705 Werne Dr, Lexington, KY 40504
      View Details
    • $400 /Mo
      180 SF

      Second Floor Office Space

      Second floor office space for lease, $400 per month.
      1099 S Broadway, Lexington, KY 40504
      View Details
    • $5,391 /Mo

      Retail Space Near University of Kentucky

      Retail space for sublease near the University of Kentucky.
      1030 South Broadway, Lexington, KY 40504
      View Details
    • $22 SF/Yr
      62,622 SF

      Paragon Centre Executive Suites

      Prestigious Fayette County Office Space.
      2525 Harrodsburg Rd, Lexington, KY 40504
      View Details
    • $18 SF/Yr
      1,180 SF

      Lexington Retail Space - 1180 SF

      High-traffic retail space, ready for lease.
      395 Elaine Dr, Lexington, KY 40504
      View Details
    • $21 SF/Yr
      23,922 SF

      Lexington Office Building for Lease

      Prime Medical/Office Space in Lexington, KY
      993 Mason Headley Rd, Lexington, KY 40504
      View Details

    Property Visit Statistics

    • Visits by month
      1.1k
    • Visitors by month
      627
    • Avg Time on site
      12 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1418 Versailles Rd, Unit 1506
    Lexington, KY 40504-1119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.