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    Property profile & analytics

    863 Broadway Lexington, KY 40504-2601

    • Hotels
    • 67,214 SF
    • 1.89 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0605462
    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

    • SpringHill Suites Lexington Near the University of Kentucky / Hotel / Extended Stay Hotel
    • 863 South Broadway Parking / Parking Lot
    • ATM / Atm

    Property Details for 863 Broadway

    Year built
    2003
    Lot size
    1.89 lot acres
    Property size
    67,214 SF
    Zone code
    B-3
    Property type
    Hotels
    Property subtype
    Motels
    APN
    38090020
    APU
    38090020

    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
    -84.5154
    Latitude
    38.0406
    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
    $148,392
    $0.00
    $0.00
    $12,000,000
    -
    $0.00
    $0.00
    $12,000,000

    Comparable in this City

    • Value Estimation
      $4,255,000
      40,604 SF

      444 Pkwy Dr

      HOTEL/MOTEL • 40,604 SF
      444 Pkwy Dr, Lexington, KY 40504-2710
      View Details
    • Value Estimation
      $1,400,000
      46,639 SF

      535 Waller Ave

      HOTEL/MOTEL • 46,639 SF
      535 Waller Ave, Lexington, KY 40504-2736
      View Details
    • Value Estimation by Request
      760 SF

      1418 Versailles Rd, Unit 1506

      HOTEL/MOTEL • 760 SF
      1418 Versailles Rd, Lexington, KY 40504-1119
      View Details
    • Value Estimation by Request
      54,582 SF

      1000 Export St

      HOTEL/MOTEL • 54,582 SF
      1000 Export St, Lexington, KY 40504-2683
      View Details
    • Value Estimation by Request
      2,368 SF

      1375 Broadway

      HOTEL/MOTEL • 2,368 SF
      1375 Broadway, Lexington, KY 40504-2703
      View Details
    • Value Estimation
      $945,000
      57,625 SF

      501 Waller Ave

      HOTEL/MOTEL • 57,625 SF
      501 Waller Ave, Lexington, KY 40504-2736
      View Details

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    Similar Nearby for Lease

    • $8 SF/Yr
      10,080 SF

      705 Werne Dr

      Distribution properties • 10,080 SF
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      View Details
    • $400 /Mo
      180 SF

      Second Floor Office Space

      Second floor office space for lease, $400 per month.
      1099 S Broadway, Lexington, KY 40504
      View Details
    • $5,391 /Mo

      Retail Space Near University of Kentucky

      Retail space for sublease near the University of Kentucky.
      1030 South Broadway, Lexington, KY 40504
      View Details
    • $20 SF/Yr
      22,171 SF

      Lexington Retail Center Opportunity

      High-traffic retail space available in Lexington, KY.
      1080 Broadway, Lexington, KY 40504
      View Details
    • $22 SF/Yr
      62,622 SF

      Paragon Centre Executive Suites

      Prestigious Fayette County Office Space.
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    • $21 SF/Yr
      23,922 SF

      Lexington Office Building for Lease

      Prime Medical/Office Space in Lexington, KY
      993 Mason Headley Rd, Lexington, KY 40504
      View Details

    Property Visit Statistics

    • Visits by month
      10.8k
    • Visitors by month
      3.8k
    • Avg Time on site
      379 min
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    863 Broadway
    Lexington, KY 40504-2601
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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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