Technical
Financial
Distress signals
Property profile

1129 Commercial Dr Lexington, KY 40505

OFF-MARKET
Industrial properties
Property ID
US34-0624427
5,172 SF 0.4 ac lot Built 1964
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1964
Total area 5,172 SF
Lot 0.4 ac (17,546 SF)
Zoning code B-4
APN 11577100
UPID US34-0624427

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
  • Roofing Company General Contractor

Location

1129 Commercial Dr Lexington, KY 40505-3815
Lexington metro Census 1500 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2024
Last sale
$156,000
4 recorded transactions
2024
$156,000
2023
Price N/A
2021
$100
2016
$335,000

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

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
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