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Financial
Distress signals
Property profile

804 Chevy Chase Pl Lexington, KY 40502

FOR LEASE
Retail space
Property ID
US34-0554183
2,174 SF 0.09 ac lot Built 1955
Last sale Feb 2022 · $305,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

“The Fitz” at 804 Chevy Chase Pl., Lexington, KY is a multi-tenant office building providing single-tenant office suites. The building is located in the Chevy Chase Shopping Center, positioned behind Walgreens off High Street/Tates Creek Road, with a lot size of 0.09 acres and a B-1 Commercial zoning designation. Building amenities include shared and video conference rooms, internet access, on-site parking, and a dedicated PO box. The office suites are configured for small-scale business use and include 121 square feet of office space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$305k
Effective rate1.24%

Value estimate

· Oct 2026
$420k
$378k – $462k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$9k
Operating expenses−$11k
NOI · 3,564.00% cap applied$34k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$120 – $330

Cap rate analysis

How does the asset earn?
3,564.00%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1
The intent of this zone is to accommodate neighborhood shopping facilities to serve the needs of the surrounding residential area
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.9
Smoke and Vape Shop10.2
Electrical Service9.6

Location

804 Chevy Chase Pl Lexington, KY 40502
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Main, Lexington, KY 40502-1602 $585,000 May 2022 2,224 SF
119 Clay, Lexington, KY 40502-1701 $333,500 Mar 2022 1,903 SF
802 Euclid, Lexington, KY 40502-1742 $585,000 Jun 2021 2,400 SF
314 Ashland, Lexington, KY 40502-1730 $700,000 May 2021 2,330 SF
317 Ashland, Lexington, KY 40502-1729 $650,000 Oct 2020 2,227 SF
205 Walton, Lexington, KY 40502-1451 $375,000 Mar 2020 1,974 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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