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Property profile & analytics

411 Southland Dr Lexington, KY 40503-1826

  • Bars
  • 23,187 SF
  • 1.84 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US34-0626771
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Marikka's Restaurant & Bier Stube / German Restaurant / Bar
  • LibertyX Bitcoin ATM / Atm

Property Details for 411 Southland Dr

Year built
2018
Lot size
1.84 lot acres
Property size
23,187 SF
Zone code
B-1
Property type
Bars
Property subtype
Pubs
APN
13534400
APU
13534400

Description

Prime Lexington location, this thriving 25,743 sq ft, two-story establishment boasts a rich 33-year history. Originally opened in 1991, it underwent a complete rebuild in 2018, resulting in a stunning facility featuring three indoor and three outdoor volleyball courts, a spacious 10,000 sq ft beer hall, a full-service restaurant, and a dedicated second-floor private party area. The restaurant serves traditional German cuisine, renowned for its sausages, schnitzels, sauerbraten, and sauerkraut, prepared by the same skilled cooks for over three decades. A remarkable selection of over 800-1000 bottled beers, including rare imports and microbrews, further enhances the establishment's appeal. The property offers a unique blend of dining, entertainment, and recreational activities, attracting a loyal local clientele and visitors alike. This turnkey operation is offered at $8,900,000 and presents a rare opportunity for an investor seeking a well-established, high-performing business in a desirable Kentucky market. The property is located at 411 Southland Dr, Lexington, KY 40503, and includes one building built in 2018.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.5264
Latitude
38.0189
CBSA code
30460
CBSA name
LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,326
$0.00
$0.00
$2,695,000
-
$0.00
$0.00
$2,695,000
More about this property
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