Technical
Financial
Distress signals
Property profile

1109 Versailles Rd 1115 Lexington, KY 40508

OFF-MARKET
Industrial properties
Property ID
US34-0424669
6,000 SF 3.19 ac lot Built 1999
Entity Owned 8-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1999
Total area 6,000 SF
Lot 3.19 ac (138,956 SF)
Zoning code B-4
APN 11993100
UPID US34-0424669

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Church
  • Community Center
  • Church Mosque
  • Storage Facility

Location

1109 Versailles Rd, Unit 1115 Lexington, KY 40508-3152
Lexington metro Census 1000 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.57M
Blend (final) Blend
$2.21M

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

B-4 · Lexington, KY
Zoning description

B-4, I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or client visits to the residence (excluding pick-up or pre-ordered items or drop-of…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $2.2M +36.9%
Restaurant $2.0M +22.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1109 Versailles Rd, Unit 1115?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message