Property profile

245 Lexington Ave Lexington, KY 40508

OFF-MARKET
Office buildings
Property ID
US34-0524026
1,564 SF 0.33 ac lot Built 1963
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Total area 1,564 SF
Lot 0.33 ac (14,536 SF)
Zoning code R-4
APN 15177300
UPID US34-0524026

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
  • Property Management Company Student Housing Center

Location

245 Lexington Ave Lexington, KY 40508-2608
Lexington metro Census 101 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2026
3 recorded transactions
2026
Price N/A
2026
$1.8M
2013
$155,000

Zoning & alternative use

R-4 · Lexington, KY
Zoning description

e. R-4 zone shall be regulated as the R-5 zone. (c) In the Downtown Business Frame (B-2A) zone, where at least fifty (50%) percent of dwelling units of a lot are being provided at an affordable level, developments shall…

General category RESIDENTIAL

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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