1015 Winchester Rd Lexington, KY 40505
Property profile & analytics
1015 Winchester Rd Lexington, KY 40505
- Drive through restaurants
- 2,104 SF
- 0.43 lot acres
Property ID
US34-0548473
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Sakura 12 Japanese Restaurant / Restaurant
- Ninja Grill / Restaurant
Property Details for 1015 Winchester Rd
- Year built
- 1982
- Lot size
- 0.43 lot acres
- Property size
- 2,104 SF
- Zone code
- B-3
- Property type
- Drive through restaurants
- APN
- 26317200
- APU
- 26317200
Description
This exceptional investment opportunity presents a 2,100-square-foot freestanding restaurant building with a drive-thru, ideally situated in Lexington, Kentucky. Located at the highly visible corner of Winchester Road and East Loudon Avenue, this property benefits from a daily traffic count exceeding 23,638 vehicles. The single-story building sits on a 0.43-acre lot and offers convenient access via two points, along with ample parking for 15 vehicles. Currently leased to a restaurant tenant, the lease has a remaining term of approximately 4.9 years, expiring September 29, 2029, with an annual rent of $78,000. The tenant is responsible for insurance and common area maintenance, while property taxes are covered by the landlord. This property enjoys excellent visibility and accessibility, with easy connections to New Circle Road, downtown Lexington, Hamburg, and Interstates 75/64. The B-3, Highway Business zoning designation further enhances its versatility and potential. The asking price for this turnkey investment is $1,200,000. This prime location and strong lease terms make this a compelling opportunity for investors seeking a stable, high-traffic commercial property in a thriving Kentucky market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $475,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $685,000 Current use
- AUTO REPAIR, GARAGE
- $770,000 Change: +12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.4668
- Latitude
- 38.0423
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,748
$0.00
$0.00
$950,000
-
$0.00
$0.00
$950,000
