Technical
Financial
Distress signals
Property profile

300 Codell Dr Lexington, KY 40509

OFF-MARKET
Residential income homes
Property ID
US34-0407916
3,456 SF 0.34 ac lot Built 1979
Entity Owned 2-yr Hold
Saved · see the list in your Dashboard

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1979
Total area 3,456 SF
Lot 0.34 ac (14,810 SF)
Zoning code R-4
APN 12459551
UPID US34-0407916

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

300 Codell Dr Lexington, KY 40509-1026
Lexington metro Census 3911 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
$450k

Owner & transaction history

since 2024
Last sale
$310,000
4 recorded transactions
2024
Price N/A
2023
$310,000
2022
$187,200
2013
$329,600

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 300 Codell Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message