Technical
Financial
Distress signals
Property profile

547 3rd St Lexington, KY 40508

OFF-MARKET
Commercial land
Property ID
US34-0468630
1,396 SF 0.16 ac lot Built 1910
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1910
Total area 1,396 SF
Lot 0.16 ac (6,930 SF)
Zoning code B-1
APN 12697550
UPID US34-0468630

Cap rate & NOI

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

Location

547 3rd St Lexington, KY 40508-1612
Lexington metro Census 400 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2018
3 recorded transactions
2018
$371,500
2016
$3,300
2013
$220,000

Zoning & alternative use

B-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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