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Property profile & analytics
OFF-MARKET
Commercial real estate

225 Harp Innis Rd Lexington, KY 40511

173 ac lot
Individually Owned 4-yr Hold
Property ID
US34-0441451
Property summary
AI-generated overview

This exceptional 173-acre horse farm in Lexington, Kentucky, presents a remarkable opportunity. Priced at $4,300,000, the property offers a complete equestrian experience, conveniently located just 10 minutes from downtown Lexington and 11 miles from the Kentucky Horse Park. The estate features three barns with a total of 29 stalls (with potential for expansion), an indoor and outdoor riding arena (150 x 200 ft with all-weather GGT footing and 10 hp canon irrigation), a 60-foot all-weather GGT round pen, and a six-horse hot walker. Additional amenities include a recently renovated three-bedroom, 2.5-bathroom manager's house with new HVAC, a separate apartment with laundry and office space (also with new HVAC), a large heated workroom, four large garage bays with 50-amp 240v plugs, a wash rack, grooming areas, heated and air-conditioned tack rooms, ample storage, and new mesh wire fencing surrounding most of the property. Two large ponds and hay fields producing over 5000 bales annually provide further value. Five 12x24 foaling stalls and numerous run-in sheds with auto-waterers in many paddocks complete this impressive offering. Two gated entrances enhance security and accessibility. This property is ideal for a discerning equestrian seeking a fully equipped and well-maintained operation.

Property profile
Verified
Property type Commercial real estate
Lot 173 ac (7,535,880 SF)
UPID US34-0441451
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Alisa Lask · 4 yrs held
Alisa Lask
since 2022
2 recorded transactions
2022
$1.6M
2021
$160,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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