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Property profile & analytics
OFF-MARKET Estimated value $3,140,000
Retail space

3644 Boston Rd Lexington, KY 40514-1545

35,264 SF 3.29 ac lot Built 1990
Entity Owned 9-yr Hold Free & Clear
Property ID
US34-0496878
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 35,264 SF
Lot 3.29 ac (143,312 SF)
Zoning code B-6P
APN 10045590
UPID US34-0496878
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
  • Sky Zone Trampoline Park Arcade & Gaming Center Family Recreation Center
  • Paul Mitchell The School Lexington Vocational School Training Center
  • Xcel Sport Science & Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.89M
Blend (final) Blend
$3.14M
Owner & transaction history
Shoppers Village Assoc LLC · 9 yrs held
Shoppers Village Assoc LLC
since 2017
3 recorded transactions
2017
Price N/A
2017
$3.3M
2017
Price N/A
Zoning & alternative use
B-6P · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major corridors within the community, while supporting existing residential neighborhoods and incorporating new residential opportunities in accor…

Zone name Commercial Center
General category COMMERCIAL
Zone area 1,144.00 ac
Top alternative use upside
Commercial (general) $7.8M +14.2%
Apartment house (5+ units) $7.8M +13.6%
Medical building $7.3M +5.8%
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