Property profile

201 Short St 1 Lexington, KY 40507

OFF-MARKET
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Property ID
US34-0624496
4,985 SF 0.18 ac Built 1948
Last sale May 2020·$425,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Suite 207 at 201 W Short St is a 2,000 RSF office suite located in Downtown Lexington. The suite is configured with an open-concept layout, exposed ceilings, and large windows that provide abundant natural light and direct views of the historic Old Courthouse. A shared conference room is located on the same floor. The suite occupies a corner position at the intersection of Short and Upper Streets, offering a downtown street-front address with immediate access to the surrounding business core.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$322k
Effective rate1.24%

Value estimate

· Nov 2026
$340k
$306k – $374k
CAP approach$915k
Submarket $/SF estimate$738k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$207/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$148 – $295
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2B
The intent of this zone is to ensure compatible land uses, the preservation of existing attractions compatible with the Lexington Center ...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.6
Dry Cleaner8.4
Optical Shop8.1

Location

201 Short St, Unit 1 Lexington, KY 40507-1231
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
209 Limestone, Lexington, KY 40507-1051 $400,000 Jan 2026 3,526 SF
252 High, Lexington, KY 40507-1422 $965,000 Jul 2025 7,168 SF
383 Main, Lexington, KY 40507-1501 $1,050,000 May 2025 3,863 SF
215 Short, Lexington, KY 40507-1201 $500,000 Aug 2023 4,855 SF
209 High, Lexington, KY 40507-1401 $1,055,000 Dec 2022 5,508 SF
227 High, Lexington, KY 40507-1409 $595,000 Oct 2021 3,642 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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