Technical
Financial
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Property profile

525 De Roode St Lexington, KY 40508

FOR LEASE
Land
Property ID
US34-0776362
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Property summary

AI-generated overview

The Davis Park development is located in downtown Lexington at approximately 525 De Roode St., comprising a corner lot of about 2.65 acres at the intersection of Oliver Lewis Way and Scott St. The property is zoned MU-2 and is situated near the expanded Convention Center, Gatton Park, the Historic Distillery District, Town Branch Distillery, and the Central Business District. Oliver Lewis Way provides downtown access toward the University of Kentucky. The site is designed to support a range of uses, including retail, office, and flex space, with utilities available. The overall development context includes new apartments, a park with a playground, and a Community Center.

Property profile

Verified
Property type Land
UPID US34-0776362

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

525 De Roode St Lexington, KY 40508
Lexington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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