Technical
Financial
Distress signals
Property profile

2121 Richmond Rd Lexington, KY 40502

OFF-MARKET
Community centers
Property ID
US34-0447666
20,300 SF 2.91 ac lot Built 1975
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1975
Total area 20,300 SF
Lot 2.91 ac (126,890 SF)
Zoning code B-1
APN 15250804
UPID US34-0447666

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Physician Medical Clinic
  • Alternative Medicine Practice Spa & Massage Center
  • Tax Preparation
  • Insurance Agency

Location

2121 Richmond Rd Lexington, KY 40502-1206
Lexington metro Census 1700 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
by Request
Blend (final) Blend
$4.58M

Owner & transaction history

since 2013
1 recorded transaction
2013
$4.6M

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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