Technical
Financial
Distress signals
Property profile

429 Codell Dr Lexington, KY 40509

OFF-MARKET
Retail space
Property ID
US34-0540137
6,000 SF 0.28 ac lot Built 1975
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Total area 6,000 SF
Lot 0.28 ac (12,197 SF)
Zoning code P-1
APN 10482864
UPID US34-0540137

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
  • Property Management Company
  • Auto Repair Shop
  • Hardware & Home Improvement Furniture & Home Goods

Location

429 Codell Dr Lexington, KY 40509-1014
Lexington metro Census 3910 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
by Request
Blend (final) Blend
$2.42M

Owner & transaction history

since 2020
Last sale
$3.0M
2 recorded transactions
2020
$3.0M
2009
$4.8M

Zoning & alternative use

P-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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