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Property profile

208 Limestone Lexington, KY 40508

OFF-MARKET
Bars & Pubs
Property ID
US34-0599280
4,624 SF 0.08 ac lot Built 1940
Last sale Sep 2026 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a sprinklered commercial building with ample electrical service and a tankless gas water heater, configured for entertainment-related use. It features a large two-story patio and a layout that supports bar service, with two fully plumbed bar setups previously configured as one bar per floor. Restroom accommodations include four public restrooms and one private staff restroom. Building size is reported as 4,692 square feet in appraisal records and 4,624 square feet in PVA…

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?
$7k
Tax billed · 2023
Assessed value$537k
Effective rate1.24%

Value estimate

· Oct 2026
$500k
$450k – $550k
Submarket $/SF estimate$889k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$326/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$192 – $508
Qualifying comparables3

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
Laundry Service8.5
Butcher8.3

Location

208 Limestone Lexington, KY 40508-2502
County assessor Recorded deeds · 2 transfers 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
385 Limestone, Lexington, KY 40508-3090 $2,500,000 Apr 2025 6,008 SF
400 Limestone, Lexington, KY 40508-1874 $780,000 Oct 2023 3,368 SF
119 Loudon, Lexington, KY 40508-1411 $150,000 Aug 2023 5,160 SF
503 Uppr, Lexington, KY 40508-2919 $910,000 Jun 2022 3,965 SF
287 Limestone, Lexington, KY 40508-2538 $740,000 May 2022 3,626 SF
1208 Old Main, Lexington, KY 40508-2058 $216,469 Apr 2022 3,469 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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