Property profile

1515 Russell Cave Rd Lexington, KY 40505

OFF-MARKET
Bars & Pubs
Property ID
US34-0760186
5,450 SF 0.25 ac lot Built 1967
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1967
Total area 5,450 SF
Lot 0.25 ac (10,759 SF)
Zoning code B-1
APN 38257340
UPID US34-0760186

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
  • Nightclub DJ & Entertainment
  • Nightclub DJ & Entertainment

Location

1515 Russell Cave Rd Lexington, KY 40505-1419
Lexington metro Census 3804 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
$1.05M
Blend (final) Blend
$535k

Owner & transaction history

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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