Property profile

501 6th St Lexington, KY 40508

OFF-MARKET
Bars & Pubs
Property ID
US34-0545344
85,377 SF 2.07 ac lot Built 1939
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1939
Total area 85,377 SF
Lot 2.07 ac (89,995 SF)
Zoning code I-1
APN 15203600
UPID US34-0545344

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
  • Association / Organization
  • Telecommunications Service Data Center
  • Cafe & Coffee Shop Specialty Food Shop
  • (Bike/Boat/Book/etc) Store Printing Service
  • Department Store

Location

501 6th St Lexington, KY 40508-1341
Lexington metro Census 200 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
$16.42M
Blend (final) Blend
$16.42M

Owner & transaction history

since 2011
1 recorded transaction
2011
$550,000

Zoning & alternative use

I-1 · Lexington, KY
Zoning description

I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or client visits to the residence (excluding pick-up or pre-ordered items or drop-off of…

General category INDUSTRIAL

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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