2225 NicholasvilleLexington, KY 40503

  • Retail properties
  • 8,072 SF
Off market
$1,331,000 Estimated

Property Details for 2225 Nicholasville

Year built
1992
Lot size
1.01 AC
Property size (Sq ft)
8,072 SF
Zone code
B-1
Property type
Retail properties
Property subtype
Auto shops
APN
10294400
APU
10294400

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,955,080
    6.5%
    $1,804,690
    7%
    $1,675,783
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,710,385
    Geo Method
    $1,750,991
  • Alternative Use

    Use
    Valuation
    Residential
    $1,522,323
    Hospitality
    $1,394,440
    Educational
    $1,160,158
    Medical
    $1,200,057
    Retail
    $1,804,690
2225 Nicholasville, Lexington, Kentucky

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0082
Longitude
-84.5187
CBSA code
30460
CBSA name
LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $1,100,000
  • Tax year
    2023
  • Tax bill
    $13,603

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