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Property profile & analytics

240 E Third St Lexington, KY 40508

  • Office buildings
  • 1,967 SF
  • 0.13 lot acres
Value Estimation
Location Intelligence
Property ID
US34-0628527
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

  • Office buildings

Property Details for 240 E Third St

Year built
1880
Lot size
0.13 lot acres
Property size
1,967 SF
Zone code
B-2A
Property type
Office buildings
APN
10356500
APU
10356500

Description

This 1,964 square foot, Class C office building is located at 240 E Third St, Lexington, KY 40508. Built in 1880, this property offers two suites with attractive finishes, including wood floors. Amenities include a private entrance, kitchen, and full bath. The building sits on a lot with a fenced yard and provides off-street parking. Zoned B-2, this mixed-use property allows for both commercial and residential uses. Its prime downtown location places it within walking distance of Lexington's vibrant city center, restaurants, and nightlife. The asking price is $399,000, translating to $203.16 per square foot. This presents a compelling opportunity for a small business owner or investor seeking a foothold in the thriving Lexington market. The property consists of one building and offers a unique blend of historical charm and modern convenience. This is an excellent investment opportunity in a desirable location.

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
-84.4902
Latitude
38.0469
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
$1,744
$0.00
$0.00
$141,000
-
$0.00
$0.00
$141,000
More about this property
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