540 3rdLexington, KY 40508

Property Details for 540 3rd

Year built

1976

Lot size

0.16 AC

Property size (Sq ft)

3,136 SF

Zone code

R-2

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

15249300

APU

15249300

• CAP approach

  CAP return

  Valuation

  6%

  $468,054

  6.5%

  $432,050

  7%

  $401,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $297,222

  Geo Method

  $310,439

• Alternative Use

  Use

  Valuation

  Residential

  $548,074

  Hospitality

  $502,033

  Educational

  $417,685

  Medical

  $432,050

  Retail

  $649,733

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0561

Longitude

-84.5004

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $290,000
• Tax year
  2023

FAQs

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