Technical
Financial
Distress signals
Property profile

309 Ashland Ave Lexington, KY 40502

OFF-MARKET
Retail space
Property ID
US34-0512603
14,850 SF 0.4 ac lot Built 1957
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Total area 14,850 SF
Lot 0.4 ac (17,598 SF)
Zoning code B-4
APN 12054600
UPID US34-0512603

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
  • Gym & Fitness Center
  • Theater & Performing Art Venue
  • Interior Design Home Decor Store
  • Alternative Medicine Practice Spa & Massage Center

Location

309 Ashland Ave Lexington, KY 40502-1473
Lexington metro Census 500 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
$1.78M
Blend (final) Blend
$1.78M

Owner & transaction history

Zoning & alternative use

B-4 · Lexington, KY
Zoning description

B-4, I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or client visits to the residence (excluding pick-up or pre-ordered items or drop-of…

General category INDUSTRIAL

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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