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    Property profile & analytics

    3120 Pimlico Pkwy, Unit 3130 Lexington, KY 40517-4034

    • Strip malls
    • 87,409 SF
    • 11.16 lot acres
    OFF-MARKET
    Value Estimation
    $10,675,000
    Last Sale
    Jan 21, 2022
    $8,400,000
    Location Intelligence
    Property ID
    US34-0472108
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • Subway / Takeout Restaurant / Restaurant
    • Domino's Pizza / Pizza Delivery / Chicken Wings Restaurant
    • Mondelli's Bake Shop / Bakery / Wedding Bakery
    • Walgreens / Perfume Store / Stationery Store

    Property Details for 3120 Pimlico Pkwy

    Year built
    1983
    Lot size
    11.16 lot acres
    Property size
    87,409 SF
    Zone code
    B-6P
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    20005430
    APU
    20005430

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,370,000
      6.5%
      $8,005,000
      7%
      $8,775,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,280,000
      Geo Method
      $7,125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,200,000
      Retail
      $8,640,000
      Mixed-Use
      $7,775,000
      Hospitality
      $9,400,000
      Educational
      $8,615,000
      Residential Income
      $8,390,000
      Energy
      $8,840,000
      Income-Based Land
      $8,295,000
      Food Service
      $8,470,000

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4614
    Latitude
    37.985
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $103,874
    $0.00
    $0.00
    $8,400,000
    -
    $0.00
    $0.00
    $8,400,000

    Comparable in this City

    • Value Estimation by Request
      56,546 SF

      110 Mt Tabor Rd

      SHOPPING CENTER, STRIP CENTER • 56,546 SF
      110 Mt Tabor Rd, Lexington, KY 40517-4321
      View Details
    • Value Estimation
      $2,495,000
      14,400 SF

      155 Reynolds Rd

      SHOPPING CENTER, STRIP CENTER • 14,400 SF
      155 Reynolds Rd, Lexington, KY 40517-1249
      View Details
    • Value Estimation by Request
      18,360 SF

      169 171st E Reynolds Rd

      SHOPPING CENTER, STRIP CENTER • 18,360 SF
      169 171st E Reynolds Rd, Lexington, KY 40517
      View Details
    • Value Estimation by Request
      37,138 SF

      3513 Lansdowne Dr, Unit 3525

      SHOPPING CENTER, STRIP CENTER • 37,138 SF
      3513 Lansdowne Dr, Lexington, KY 40517-1401
      View Details
    • Value Estimation by Request
      36,730 SF

      154 Patchen Dr, Unit 186

      SHOPPING CENTER, STRIP CENTER • 36,730 SF
      154 Patchen Dr, Lexington, KY 40517-4418
      View Details
    • Value Estimation by Request
      94,186 SF

      125 Reynolds Rd

      MINI-MALL • 94,186 SF
      125 Reynolds Rd, Lexington, KY 40517-9001
      View Details

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      Retail space available within a shopping center.
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    • New
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    Property Visit Statistics

    • Visits by month
      14.8k
    • Visitors by month
      12.9k
    • Avg Time on site
      16 min
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    Lexington, KY 40517-4034
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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