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Property profile & analytics
OFF-MARKET Estimated value $2,685,000
Drive through restaurants

120 Zandale Dr Lexington, KY 40503

2,530 SF 0.2 ac lot Built 1992
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0514424
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1992
Total area 2,530 SF
Lot 0.2 ac (8,899 SF)
Zoning code B-1
APN 10027870
UPID US34-0514424
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$2.69M
Owner & transaction history
Zandale Shopping Center LLC · 2 yrs held
Zandale Shopping Center LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
B-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permitted in the P-1 and B-1 zone except for drive-through facilities. (d) Conditional Uses. The following shall be conditional uses in the MU-1 z…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 983.23 ac
Top alternative use upside
Auto repair, garage $925,000 +12.0%
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