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Property profile & analytics
OFF-MARKET Estimated value $1,620,000
Residential income homes

441 Pennsylvania Ave Lexington, KY 40508-3314

14,354 SF 0.11 ac lot Built 2009
Entity Owned Free & Clear
Property ID
US34-0633186
Property profile
Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Year built 2009
Total area 14,354 SF
Lot 0.11 ac (5,005 SF)
Zoning code R-2
APN 94018970
UPID US34-0633186
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
  • Kappa Sigma Volunteer Organization Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.62M
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
Top alternative use upside
Warehouse, storage $2.5M +5.5%
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