1195 VersaillesLexington, KY 40508

  • Mixed-use properties
  • 20,736 SF
Off market
$544,500 Estimated

Property Details for 1195 Versailles

Year built
1950
Lot size
1.12 AC
Property size (Sq ft)
20,736 SF
Zone code
B-4
Property type
Mixed-use properties
Property subtype
Other industrial properties
APN
12362750
APU
12362750

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,926,000
    6.5%
    $3,624,000
    7%
    $3,365,143
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,648,889
    Geo Method
    $2,766,680
  • Alternative Use

    Use
    Valuation
    Residential
    $3,624,000
    Hospitality
    $3,319,564
    Educational
    $2,761,838
    Medical
    $2,856,822
    Retail
    $4,296,194
1195 Versailles, Lexington, Kentucky

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0506
Longitude
-84.5188
CBSA code
30460
CBSA name
LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $450,000
  • Tax year
    2023
  • Tax bill
    $5,565

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