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Property profile & analytics
OFF-MARKET Estimated value $600,000
Assisted living facilities

3057 Cleveland Rd Lexington, KY 40516-8301

7,749 SF 2.01 ac lot Built 1964
Entity Owned 5-yr Hold Free & Clear
Property ID
US34-0586654
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1964
Total area 7,749 SF
Lot 2.01 ac (87,512 SF)
Zoning code A-R
APN 24300000
UPID US34-0586654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Independent Homes Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k
Owner & transaction history
Independence Homes II LLC · 5 yrs held
Independence Homes II LLC
since 2021
Last sale
$600,000
3 recorded transactions
2024
Price N/A
2021
$600,000
2020
$661,300
Zoning & alternative use
A-R · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A-R) Zone, Agricultural Natural Area (A-N) Zone, or Agricultural Buffer (A-B) Zone, notice shall be given to the next two (2) properties or one (1) mile, whichever is greater, in the direction of the Agricultural-Rural (A-R) Zone Agricultural Natural Area (A-N) Zone, or Agricultural Buffer (A-B) Zone. Where the subject property adjoins an Agricultural-Urban…

Zone name Agricultural Rural
General category AGRICULTURAL
Zone area 128,352.98 ac
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