Technical
Financial
Distress signals
Property profile

980 Midnight Pass Lexington, KY 40513

OFF-MARKET
Hotels
Property ID
US34-0545289
73,496 SF 1.8 ac lot Built 2018
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2018
Total area 73,496 SF
Lot 1.8 ac (78,408 SF)
Zoning code B-3
APN 38236460
UPID US34-0545289

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
  • Hotel & Motel

Location

980 Midnight Pass Lexington, KY 40513-1935
Lexington metro Census 4208 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2015
3 recorded transactions
2022
Price N/A
2018
Price N/A
2015
$1.5M

Zoning & alternative use

B-3 · Lexington, KY
Zoning description

ional parking regulations.) (d) Screening. Landscaping and screening shall be provided as required in Article 18 . (e) Lot, Yard, and Height Requirements. Lot and yard requirements shall be as for the Corridor Business (…

General category COMMERCIAL

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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