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    Property profile & analytics

    2304 Versailles Rd Lexington, KY 40504-1606

    • Turn key restaurants
    • 5,068 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0595997
    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

    • Clamatos Mexican Restaurant / Mexican Restaurant
    • clamatos restaurante / Mexican Restaurant / Seafood Restaurant

    Property Details for 2304 Versailles Rd

    Year built
    1966
    Lot size
    1.03 lot acres
    Property size
    5,068 SF
    Zone code
    B-1
    Property type
    Turn key restaurants
    APN
    13823300
    APU
    13823300

    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
    -84.5529
    Latitude
    38.0462
    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
    $6,884
    $0.00
    $0.00
    $556,700
    -
    $0.00
    $0.00
    $556,700

    Comparable in this City

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      2,500 SF

      820 Ln Allen Rd

      RESTAURANT • 2,500 SF
      820 Ln Allen Rd, Lexington, KY 40504-3615
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    • Value Estimation
      $335,000
      1,760 SF

      1910 Oxford Cir

      RESTAURANT • 1,760 SF
      1910 Oxford Cir, Lexington, KY 40504-1447
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    • Value Estimation by Request
      35,854 SF

      1228 Manchester St

      RESTAURANT • 35,854 SF
      1228 Manchester St, Lexington, KY 40504-1129
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    • Value Estimation
      $325,000
      1,800 SF

      1445 Vlg Dr

      RESTAURANT • 1,800 SF
      1445 Vlg Dr, Lexington, KY 40504-1614
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    • Value Estimation
      $345,000
      2,870 SF

      1914 Oxford Cir

      RESTAURANT • 2,870 SF
      1914 Oxford Cir, Lexington, KY 40504-1447
      View Details
    • Value Estimation
      $190,000
      2,091 SF

      1210 Manchester St

      RESTAURANT • 2,091 SF
      1210 Manchester St, Lexington, KY 40504-1129
      View Details

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    Similar Nearby for Lease

    • $5,391 /Mo

      Retail Space Near University of Kentucky

      Retail space for sublease near the University of Kentucky.
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      Lexington Retail Center Opportunity

      High-traffic retail space available in Lexington, KY.
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    • $400 /Mo
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      Second Floor Office Space

      Second floor office space for lease, $400 per month.
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      Lexington Office Building for Lease

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    Property Visit Statistics

    • Visits by month
      8.3k
    • Visitors by month
      6.3k
    • Avg Time on site
      8 min
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    2304 Versailles Rd
    Lexington, KY 40504-1606
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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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