Property profile

385 Limestone Lexington, KY 40508

OFF-MARKET
Bars & Pubs
Property ID
US34-0514849
6,008 SF 0.32 ac lot Built 1965
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1965
Total area 6,008 SF
Lot 0.32 ac (13,939 SF)
Zoning code B-1
APN 17010100
UPID US34-0514849

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
  • Bar & Pub
  • Bar & Pub

Location

385 Limestone Lexington, KY 40508-3090
Lexington metro Census 900 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.42M

Owner & transaction history

since 2025
Last sale
$2.5M
2 recorded transactions
2025
$2.5M
2018
$2.2M

Zoning & alternative use

B-1 · Lexington, KY
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…

General category COMMERCIAL

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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