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    Property profile & analytics

    2221 Richmond Rd Lexington, KY 40502-1306

    • Grocery and convenience stores
    • 987 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0426020
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • bp / Gas Station / Car Wash
    • ATM (Richmond Road BP) / Gas Station / Atm
    • MoneyGram / Money Transfer Service

    Property Details for 2221 Richmond Rd

    Year built
    1989
    Lot size
    0.63 lot acres
    Property size
    987 SF
    Zone code
    B-1
    Property type
    Grocery and convenience stores
    APN
    11645204
    APU
    11645204

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4635
    Latitude
    38.0177
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,976
    $0.00
    $0.00
    $645,000
    -
    $0.00
    $0.00
    $645,000

    Comparable in this City

    • Value Estimation by Request
      3,425 SF

      507 Euclid Ave

      CONVENIENCE STORE • 3,425 SF
      507 Euclid Ave, Lexington, KY 40502-1735
      View Details
    • Value Estimation by Request
      2,600 SF

      801 803rd E Main St

      CONVENIENCE STORE • 2,600 SF
      801 803rd E Main St, Lexington, KY 40502
      View Details
    • Value Estimation by Request
      1,892 SF

      299 Sherman Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 1,892 SF
      299 Sherman Ave, Lexington, KY 40502-1555
      View Details
    • Value Estimation
      $3,535,000
      3,598 SF

      2420 Richmond Rd

      CONVENIENCE STORE • 3,598 SF
      2420 Richmond Rd, Lexington, KY 40502-1301
      View Details
    • Value Estimation by Request
      2,304 SF

      2910 Tates Crk Rd

      CONVENIENCE STORE • 2,304 SF
      2910 Tates Crk Rd, Lexington, KY 40502-2924
      View Details
    • Value Estimation by Request
      77,103 SF

      704 Euclid Ave

      GROCERY, SUPERMARKET • 77,103 SF
      704 Euclid Ave, Lexington, KY 40502-1740
      View Details

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    Property Visit Statistics

    • Visits by month
      8.5k
    • Visitors by month
      5.9k
    • Avg Time on site
      7 min
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    2221 Richmond Rd
    Lexington, KY 40502-1306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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