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Property profile & analytics
FOR LEASE
Strip malls

169 E Reynolds Rd Lexington, KY 40517

18,360 SF 0.94 ac lot Built 1979
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0664912
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1979
Total area 18,360 SF
Lot 0.94 ac (40,946 SF)
Zoning code B-1
APN 25900819
UPID US34-0664912
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
  • A & H Balance Co Inc Hardware & Home Improvement HVAC Service
  • Hitwell Video Inc Factory Industrial Manufacturer
  • Asa Pham: Allstate Insurance Insurance Agency
  • T C Contracting & Building Llc Construction Company
  • Fashion Fit Alterations (Bike/Boat/Book/etc) Store
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
Sills Bros Rentals LLC · 4 yrs held
Sills Bros Rentals LLC
since 2021
1 recorded transaction
2021
$1.4M
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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