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Property profile & analytics
FOR SALE
Assisted living facilities
319 Duke Rd Lexington, KY 40502
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US34-0331135
For Sale
1 / 108
$5,100,000
319 Duke Rd, Lexington, KY 40502
View Listing →
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2020
Total area
22,995 SF
Lot
1.3 ac (56,454 SF)
Zoning code
R-3
APN
94018250
UPID
US34-0331135
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
-
Chevy Chase Gardens Nursing Home Retirement Community
-
Harbor Behavioral Health Crisis Center Medical Clinic
-
YWCA Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.60M
Owner & transaction history
Ccg Ventures LLC · 3 yrs held
Ccg Ventures LLC
since 2022
Last sale
$4.6M
4 recorded transactions
Zoning & alternative use
R-3 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,305,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,505,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$5,495,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$4,730,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$4,270,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,210,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,015,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.60M
Range $4.14M – $5.06M · ±10% · vs last sale $4.60M (Aug 22 2022)
Last sale anchor
$4.60M
Aug 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$200 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$71,723
Tax year 2023
Assessed value
$5,800,000
Assessed 2023
Previous assessed
$5,800,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Total market value
$5,800,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
For Sale
Year built
2020
Total area
22,995 SF
Lot
1.3 ac (56,454 SF)
Zoning code
R-3
APN
94018250
UPID
US34-0331135
Jurisdiction
FAYETTE
Zoning & alternative use
R-3 · Lexington, KY
Zoning R-3 · permitted uses
R-3 · Lexington, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$7.5M
RETAIL STORES
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$4.2M
WAREHOUSE, STORAGE
Est. value
$4.0M
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Lot
1.3 ac
Current owner
From public records · entity-resolved
Ccg Ventures LLC
Entity
Mailing address
125 GADWALL DR, RICHMOND, KY 40475-7970
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2022
$4,600,000
Ccg Ventures LLC
Duke Road Personal Care LLC
Deed
$3,910,000 · Republic Bank & Trust Company
May 17, 2019
—
Duke Rd Personal Care LLC
—
Deed
related
$4,160,000 · Traditional Bk
Mar 7, 2019
—
Duke Rd Personal Care LLC
—
Deed
related
$200,000 · Van Meter, Solomon
Jul 26, 2016
$660,000
Duke Rd Personal Care LLC
Villa At Chevy Chase LLC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
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