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Property profile & analytics
OFF-MARKET
Bars & Pubs

401 Hilltop Ave Lexington, KY 40506-0009

21,181 SF 23.71 ac lot Built 1976
Entity Owned Free & Clear
Property ID
US34-0197402
Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1976
Total area 21,181 SF
Lot 23.71 ac (1,032,677 SF)
Zoning code R-2
APN 94013130
UPID US34-0197402
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
  • Univ-Kentucky Distance Learn University College
  • Johnson Hall Student Dormitory
  • William T Young Library Publishing House
  • Presentation U! Tutoring Service
  • Student Media Depot at The Hub Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
COMMONWEALTH KENTUCKY UNIVERSITY KY
COMMONWEALTH KENTUCKY UNIVERSITY KY
Zoning & alternative use
R-2 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Mixed Low Density Residential
General category RESIDENTIAL
Zone area 1,678.81 ac
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