Technical
Financial
Distress signals
Property profile

296 Southland Dr Lexington, KY 40503

OFF-MARKET
Retail space
Property ID
US34-0636451
1,500 SF 0.69 ac lot Built 1957
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Total area 1,500 SF
Lot 0.69 ac (30,056 SF)
Zoning code B-1
APN 12249400
UPID US34-0636451

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
  • Counselor Psychologist
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

296 Southland Dr Lexington, KY 40503-1932
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2017
1 recorded transaction
2017
$209,500

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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