Property profile

224 228th E Main St Lexington, KY 40507

OFF-MARKET
Bars & Pubs
Property ID
US34-0667464
18,852 SF 0.34 ac lot Built 1930
Entity Owned Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1930
Total area 18,852 SF
Lot 0.34 ac (14,810 SF)
Zoning code B-2
APN 10297400
UPID US34-0667464

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

Location

224 228th E Main St Lexington, KY 40507
Lexington metro Census 101 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$620k

Owner & transaction history

Zoning & alternative use

B-2 · Lexington, KY
Zoning description

B-2) zone. Affordable level shall mean eighty (80%) or less of the Lexington-Fayette Urban County area median income (AMI) at the time of rental or purchase, for a period of no less than ten (10) years, and where housing…

General category MIXED_USE

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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