Technical
Financial
Distress signals
Property profile

268 Southland Dr Lexington, KY 40503

OFF-MARKET
Community centers
Property ID
US34-0590852
7,140 SF 0.85 ac lot Built 1980
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1980
Total area 7,140 SF
Lot 0.85 ac (37,026 SF)
Zoning code B-1
APN 13220950
UPID US34-0590852

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
  • (Bike/Boat/Book/etc) Store
  • Medical Clinic
  • Physician
  • Medical Clinic
  • Physician

Location

268 Southland Dr Lexington, KY 40503-1938
Lexington metro Census 2800 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.40M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.44M

Owner & transaction history

since 2021
Last sale
$1.8M
2 recorded transactions
2021
$1.8M
2014
$1.6M

Zoning & alternative use

B-1 · Lexington, KY
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…

General category COMMERCIAL

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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