401 Hilltop Ave Lexington, KY 40506-0009
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Univ-Kentucky Distance Learn University College
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Johnson Hall Student Dormitory
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William T Young Library Publishing House
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Presentation U! Tutoring Service
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Student Media Depot at The Hub Training Center Tutoring Service
R-2) Zone, provided that both units thereafter conform to the limitation of four (4) unrelated persons per dwelling unit. Dwelling unit means one (1) room or rooms connected together, constituting a separate, independent housekeeping establishment for occupancy by a family as owner, by rental or lease on a weekly, monthly or longer basis; physically separate…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
R-2 · Lexington, KYR-2) Zone, provided that both units thereafter conform to the limitation of four (4) unrelated persons per dwelling unit. Dwelling unit means one (1) room or rooms connected together, constituting a separate, independent housekeeping establishment for occupancy by a family as owner, by rental or lease on a weekly, monthly or longer basis; physically separated from any other rooms or dwelling units which may be in the same building, and containing independent kitchen and sleeping facilities. Dwelling unit, accessory (ADU) means a smaller, secondary independent housekeeping establishment located on the same lot as a principal dwelling. ADUs are independently habitable and provide the basic requirements of shelter, heating, cooking, and sanitation. There are two types of ADUs: (a) Detached Structures. Examples include garages or other accessory structures. (b) Attached Units. Attached units are connected to or part of the principal dwelling. Examples include converted living space, attached garages, basements or attics; additions; or a combination thereof. Dwelling unit, farm employee means any accessory residence located in an agricultural zone, maintained for the occupancy of employees and their families or the owner's immediate family, in connection with an agricultural use on the property. Farm employee dwelling units may be occupied by transient guests as a hosted short term rental, if such use is approved by the Board of Adjustment. Eating and drinking establishment means an establishment where food and/or drinks are prepared and provided to the public for on-premises consumption by seated patrons or for carry-out service. Eating and drinking establishments may have outdoor seating areas. This term includes, but is not limited to, such uses as restaurants, bars, cocktail lounges, bakeries, delicatessen, ice cream parlors, and cafes. This term does not include drive-in restaurants or mobile food vendors. Ecotourism means activities conducted in natural, greenspace, or environmentally sensitive areas that are offered to the public for the purpose of enjoyment, education, and active involvement in the activities of the site. These activities shall safeguard the integrity of a natural feature, habitat or ecosystem. Engineer, project, means a person currently licensed to practice engineering in the State of Kentucky and in good standing with the Kentucky board of registration for professional engineers and land surveyors; or a firm in good standing as an engineering company in Kentucky, if the work is to be accomplished other than as a sole practitioner.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.