2899 RichmondLexington, KY 40509

  • Retail properties
  • 7,337 SF
Off market
$3,569,500 Estimated

Property Details for 2899 Richmond

Year built
1987
Lot size
0.81 AC
Property size (Sq ft)
7,337 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Other car washes
APN
10029040
APU
10029040

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,850,462
    6.5%
    $1,708,118
    7%
    $1,586,110
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,571,640
    Geo Method
    $1,591,554
  • Alternative Use

    Use
    Valuation
    Residential
    $1,440,862
    Hospitality
    $1,319,822
    Educational
    $1,098,076
    Medical
    $1,135,841
    Retail
    $1,708,118
2899 Richmond, Lexington, Kentucky

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0068
Longitude
-84.4503
CBSA code
30460
CBSA name
LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $2,950,000
  • Tax year
    2023
  • Tax bill
    $36,480

Property Visit Statistics

  • Visits by month
    5.0k
  • Visitors by month
    4.5k
  • Avg Time on site
    20 min

FAQs

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