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Property profile & analytics
OFF-MARKET Estimated value $2,475,000
Strip malls

145 Burt Rd Lexington, KY 40503-2401

13,360 SF 1.3 ac lot Built 1964
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US34-0113488
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1964
Total area 13,360 SF
Lot 1.3 ac (56,715 SF)
Zoning code B-1
APN 13826125
UPID US34-0113488
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
Current use
Occupant on record · Public records
  • Rick Perkins Drapery Workroom Interior Design Home Decor Store
  • International Brotherhood of Electrical Workers Advocacy Group
  • City Taper Barber Lounge Barber Shop
  • Lex Lab Inc Medical Laboratory
  • Brooklyns Finest Smoke shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.62M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.48M
Owner & transaction history
Liberty Rentals LLC · 4 yrs held
Liberty Rentals LLC
since 2022
Last sale
$2.4M
6 recorded transactions
2022
$2.4M
2021
$763,125
2021
$1.7M
2020
Price N/A
2019
Price N/A
2018
$1.2M
Zoning & alternative use
B-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 permitted in the P-1 and B-1 zone except for drive-through facilities. (d) Conditional Uses. The following shall be conditional uses in the MU-1 z…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 983.23 ac
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