Technical
Financial
Distress signals
Property profile

579 Main St Lexington, KY 40507

OFF-MARKET
Retail space
Property ID
US34-0519323
4,800 SF 0.23 ac lot Built 1987
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Total area 4,800 SF
Lot 0.23 ac (10,019 SF)
Zoning code B-2B
APN 10028670
UPID US34-0519323

Cap rate & NOI

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

Location

579 Main St Lexington, KY 40507-1644
Lexington metro Census 102 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
$795k
Blend (final) Blend
$795k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

B-2B · Lexington, KY
Zoning description

gton-Fayette Urban County within which certain regulations and requirements apply under the provisions of this Zoning Ordinance. Zone, agricultural, means A-R, A-B, A-N or A-U zone. Zone, business, means B-1, B-2, B-2A,…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.1M +14.2%
Office building $995,000 +6.6%
Medical building $985,000 +5.8%

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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