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Property profile & analytics
OFF-MARKET
Industrial properties

1305 Old Frankfort Pike Lexington, KY 40504-1127

3,234 SF 1.41 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
Property ID
US34-0592248
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Total area 3,234 SF
Lot 1.41 ac (61,376 SF)
Zoning code I-2
APN 24949500
UPID US34-0592248
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
Current use
Occupant on record · Public records
  • Landscaper's Corner Garden Center Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pence Investments LLC · 3 yrs held
Pence Investments LLC
since 2023
Last sale
$6,000
3 recorded transactions
2023
Price N/A
2020
$6,000
2019
$140,000
Zoning & alternative use
I-2 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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-off of items to be repaired); and materials or equipment used in the conduct of the home occupation is limited to items that have minimal potential for di…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 800.05 ac
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