Technical
Financial
Distress signals
Property profile

630 Euclid Ave Lexington, KY 40502

OFF-MARKET
Retail space
Property ID
US34-0323378
9,760 SF 0.4 ac lot Built 2016
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A retail storefront, part of the Chevy Chase Shoppes, offers 1,440 square feet of prime commercial space in Lexington, Kentucky. Located at 630 Euclid Avenue, at the intersection of Euclid Avenue and Marquis Avenue, this property boasts excellent visibility and accessibility. The 9,600 square foot building, constructed in 2016, sits on a 0.4-acre lot and is zoned B-1 - Neighborhood Business. This vibrant location benefits from its proximity to a Kroger grocery store, Parlor Doughnuts, and Athletico Physical Therapy, ensuring high foot traffic and brand synergy. The property's strategic position offers easy access to the University of Kentucky, numerous other businesses including Starbucks, and nearby residential areas, creating a strong customer base. The building's multiple tenancy structure provides a thriving commercial environment. This is an ideal opportunity for businesses seeking a long-term presence in a high-demand, established commercial district. The property is located in Fayette County, Kentucky, with a Lexington, KY 40502 zip code.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Total area 9,760 SF
Lot 0.4 ac (17,563 SF)
Zoning code B-1
APN 10125100
UPID US34-0323378

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
  • Medical Clinic
  • Bakery Discount Store
  • Hair Salon

Location

630 Euclid Ave Lexington, KY 40502-1996
Lexington metro Census 700 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
$3.22M
Blend (final) Blend
$3.79M

Owner & transaction history

since 2017
4 recorded transactions
2017
$3.8M
2017
Price N/A
2015
$650,000
2015
$250,000

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
Top alternative use upside
Auto repair, garage $3.6M +52.9%
Restaurant $3.2M +36.5%

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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