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    Property profile & analytics

    340 Meijer Way Lexington, KY 40503-3340

    • Office buildings
    • 7,639 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0633104
    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

    • Joe McMillin, O.D. / Optometrist
    • Simpson Optical: McClanahan Karl OD / Optometrist / Eye Care Center
    • Simpson Optical: Lynn Jeff OD / Optometrist
    • Simpson Optical: Costa Angela OD / Optometrist
    • Dr. John Zent / Optometrist

    Property Details for 340 Meijer Way

    Year built
    2007
    Lot size
    1.00 lot acres
    Property size
    7,639 SF
    Zone code
    B-6P
    Property type
    Office buildings
    APN
    38195310
    APU
    38195310

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5306
    Latitude
    37.994
    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
    $21,142
    $0.00
    $0.00
    $1,709,700
    -
    $0.00
    $0.00
    $1,709,700

    Comparable in this City

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      437 Lewis Hargett Cir Ste, Unit 140

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      2465 Nicholasville Rd Ste A

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      5,088 SF

      110 112th E Lowry Ln

      OFFICE BUILDING • 5,088 SF
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    • Value Estimation by Request
      7,120 SF

      2011 Rambler Rd

      OFFICE BUILDING • 7,120 SF
      2011 Rambler Rd, Lexington, KY 40503-2440
      View Details

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      Clays Mill Road Development Site

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    Property Visit Statistics

    • Visits by month
      2.1k
    • Visitors by month
      1.7k
    • Avg Time on site
      31 min
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    340 Meijer Way
    Lexington, KY 40503-3340
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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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