Technical
Financial
Distress signals
Property profile

403 Southland Dr Lexington, KY 40503

OFF-MARKET
Auto shops
Property ID
US34-0632599
6,420 SF 0.41 ac lot Built 2016
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2016
Total area 6,420 SF
Lot 0.41 ac (17,860 SF)
Zoning code B-1
APN 10204904
UPID US34-0632599

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
  • Auto Repair Shop

Location

403 Southland Dr Lexington, KY 40503-1826
Lexington metro Census 2900 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$615k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2022
Price N/A
2016
Price N/A
2014
$362,500

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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