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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Banks
6409 Polo Clb Ln Lexington, KY 40509-8561
Entity Owned
Free & Clear
Property ID
US34-0541879
Property summary
AI-generated overview
This exceptional 3,196 square foot retail property, built in 2009, presents a unique investment opportunity in Fayette County. The single-tenant building features a highly desirable drive-thru, perfect for a variety of businesses. Its flexible Community Center zoning allows for diverse uses. Strategically located on Polo Club Lane, this property benefits from its proximity to significant developments driving substantial growth in the area. These include the burgeoning Hamburg growth on Polo Club, a new ±$250 million Baptist Health ER and Outpatient Medical and Cancer Center, a new 41-acre UK Healthcare facility, and the upcoming Mary E. Britton Middle School (opening 2025) serving 1,200 students. Furthermore, the property is adjacent to the 44-acre Hamburg East mixed-use development, which will encompass restaurants, apartments, retail spaces, green areas, and hotels. The asking price is $135,000 plus NNN, with availability commencing December 2024. This location offers unparalleled access to a rapidly expanding and affluent community. Don't miss this chance to secure a prime retail space in a high-growth area.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2009
Total area
3,196 SF
Lot
0.74 ac (32,234 SF)
Zoning code
CC
APN
38196170
UPID
US34-0541879
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bank of Lexington-Polo Club Location Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Jm Holdings Al LLC
Jm Holdings Al LLC
since 2025
Last sale
$1.5M
2 recorded transactions
Zoning & alternative use
CC · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,155,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Dec 29 2025)
Last sale anchor
$1.50M
Dec 29 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$469 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,971
Tax year 2023
Assessed value
$1,534,100
Assessed 2023
Previous assessed
$1,750,000
-12.3% YoY
Effective rate
1.24%
On assessed value
Total market value
$1,534,100
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2009
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
3,196 SF
Lot
0.74 ac (32,234 SF)
Zoning code
CC
APN
38196170
UPID
US34-0541879
Jurisdiction
FAYETTE
Zoning & alternative use
CC · Lexington, KY
Zoning CC · permitted uses
CC · Lexington, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.2M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Jm Holdings Al LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 1627, LEXINGTON, KY 40588-1627
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
$1,500,000
Jm Holdings Al LLC
Fourth Quarter LLC
Deed
—
Feb 6, 2017
$1,750,000
Fourth Quarter LLC
Bol Land Acquisition Co LLC
Deed
$1,400,000 · Forcht Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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