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    Property profile & analytics

    735 Main St Lexington, KY 40502-1601

    • Turn key restaurants
    • 2,323 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $1,675,000
    Last Sale
    Nov 17, 2023
    $1,250,000
    Location Intelligence
    Property ID
    US34-0540381
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Coles 735 Main / Fine Dining Restaurant
    • Coles / Restaurant

    Property Details for 735 Main St

    Year built
    1940
    Lot size
    0.24 lot acres
    Property size
    2,323 SF
    Zone code
    B-1
    Property type
    Turn key restaurants
    APN
    16825600
    APU
    16825600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4843
    Latitude
    38.0356
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,323
    $0.00
    $0.00
    $592,200
    -
    $0.00
    $0.00
    $592,200

    Comparable in this City

    • Value Estimation by Request
      1,240 SF

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      701 National Ave, Unit 703

      RESTAURANT • 2,303 SF
      701 National Ave, Lexington, KY 40502-1431
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    • Value Estimation by Request
      2,400 SF

      191 Kentucky Ave

      RESTAURANT • 2,400 SF
      191 Kentucky Ave, Lexington, KY 40502-1754
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      2,160 SF

      201 Owsley Ave

      RESTAURANT • 2,160 SF
      201 Owsley Ave, Lexington, KY 40502-1527
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    • Value Estimation by Request
      3,251 SF

      355 Romany Rd

      RESTAURANT • 3,251 SF
      355 Romany Rd, Lexington, KY 40502-2403
      View Details
    • Value Estimation by Request
      3,381 SF

      345 Romany Rd

      RESTAURANT • 3,381 SF
      345 Romany Rd, Lexington, KY 40502-2403
      View Details

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    Property Visit Statistics

    • Visits by month
      10.1k
    • Visitors by month
      6.9k
    • Avg Time on site
      7 min
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    735 Main St
    Lexington, KY 40502-1601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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