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    Property profile & analytics

    2301 Paris Pike Lexington, KY 40505-1963

    • Grocery and convenience stores
    • 2,953 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $5,275,000
    Last Sale
    Dec 23, 2024
    $5,246,000
    Location Intelligence
    Property ID
    US34-0629578
    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

    • Speedway / Convenience Store / Gas Station
    • LibertyX Bitcoin ATM / Atm

    Property Details for 2301 Paris Pike

    Year built
    1996
    Lot size
    0.60 lot acres
    Property size
    2,953 SF
    Zone code
    B-3
    Property type
    Grocery and convenience stores
    APN
    24056600
    APU
    24056600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,410,000
      6.5%
      $5,135,000
      7%
      $5,415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,790,000
      Geo Method
      $5,220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,965,000
      Retail
      $5,870,000
      Mixed-Use
      $5,880,000
      Hospitality
      $6,445,000
      Educational
      $5,290,000
      Residential Income
      $6,370,000
      Energy
      $4,950,000
      Income-Based Land
      $5,745,000
      Food Service
      $5,495,000

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4505
    Latitude
    38.0793
    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
    $13,876
    $0.00
    $0.00
    $1,122,100
    -
    $0.00
    $0.00
    $1,122,100

    Comparable in this City

    • Value Estimation by Request
      3,375 SF

      900 Winchester Rd, Unit 920

      CONVENIENCE STORE • 3,375 SF
      900 Winchester Rd, Lexington, KY 40505-3933
      View Details
    • Value Estimation by Request
      3,240 SF

      1212 Limestone

      CONVENIENCE STORE (W/FUEL PUMP) • 3,240 SF
      1212 Limestone, Lexington, KY 40505-3242
      View Details
    • Value Estimation by Request
      12,015 SF

      1875 Augusta Dr, Unit 1877

      CONVENIENCE STORE • 12,015 SF
      1875 Augusta Dr, Lexington, KY 40505-2471
      View Details
    • Value Estimation by Request
      3,920 SF

      176 New Cir Rd

      CONVENIENCE STORE • 3,920 SF
      176 New Cir Rd, Lexington, KY 40505-1424
      View Details
    • Value Estimation by Request
      1,830 SF

      657 Jackson St

      CONVENIENCE STORE (W/FUEL PUMP) • 1,830 SF
      657 Jackson St, Lexington, KY 40505-3701
      View Details
    • Value Estimation by Request
      1,960 SF

      274 New Cir Rd

      CONVENIENCE STORE • 1,960 SF
      274 New Cir Rd, Lexington, KY 40505-2117
      View Details

    Similar Nearby for Sale

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      Free-Standing Retail Building with Drive-Thru

      15,048 SF retail building with drive-thru on 2.19 acres.
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      2,096 SF vacant salon space on Winchester Road.
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    • $2,600,000
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      Versatile Lexington Showroom/Office Opportunity

      32,000 SF showroom with retail and office potential.
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    • $1,200,000
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      Lexington Restaurant w/ Drive-Thru

      Freestanding Restaurant, High Traffic Area
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    • Contact for pricing

      Former Car Wash on Acreage

      Freestanding car wash on 1.06 acres with high visibility.
      1537 N Limestone, Lexington, KY 40505
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    • $1,170,000
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      Prime Retail Land with Income

      1.3 acres of retail land near downtown Lexington.
      1951 N Broadway, Lexington, KY 40505
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    Similar Nearby for Lease

    • $15 SF/Yr
      5,318 SF

      Retail Units on Winchester Road

      Remodeled retail units available on Winchester Road in Lexington, KY.
      1104 Winchester Rd, Lexington, KY 40505
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    • $8 SF/Yr
      17,579 SF

      Versatile Flex Space on Winchester Road

      17,579 SF flex space near downtown Lexington.
      800 Winchester Rd, Lexington, KY 40505
      View Details
    • $18 SF/Yr
      1,894 SF

      Mixed-Use Space in Lexington, KY

      Mixed-use property with office and retail space available for rent.
      1021 N Limestone, Lexington, KY 40505
      View Details
    • $19 SF/Yr
      564 SF

      Mixed-Use Property in Lexington, KY

      High-visibility office and retail space in Lexington, Kentucky.
      1021 N Limestone, Lexington, KY 40505
      View Details
    • $15 SF/Yr
      1,300 SF

      Lexington Retail/Office Space Available

      Visible Lexington commercial center with ample parking and flexible layouts.
      565 E New Circle Rd, Lexington, KY 40505
      View Details
    • $850 /Mo
      380 SF

      Lexington Retail/Office Space Available

      Retail or office space available in high-traffic Lexington location.
      1012 N Limestone, Lexington, KY 40505
      View Details

    Property Visit Statistics

    • Visits by month
      36.5k
    • Visitors by month
      20.8k
    • Avg Time on site
      8 min
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    Lexington, KY 40505-1963
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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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