411 Southland Dr Lexington, KY 40503-1826
Property profile & analytics
411 Southland Dr Lexington, KY 40503-1826
- Bars & Pubs
- 23,187 SF
- 1.84 lot acres
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.
Location Intelligence
Current Use by Public Records
- Marikka's Restaurant & Bier Stube / Restaurant
- 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 & Pubs
- 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 Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,459,000
- AI Estimate
- $4,459,000
Market price range: $4.46M - $11.8MMarket price range: $4.46M - $11.8M
Get a detailed, property-specific estimation — fast and free
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
