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Property profile & analytics
FOR LEASE
Industrial properties

1721 Fortune Ct Lexington, KY 40509

32,790 SF 2 ac lot Built 1991
Entity Owned Absentee Owner Free & Clear
Property ID
US34-0516809
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1991
Total area 32,790 SF
Lot 2 ac (87,120 SF)
Zoning code B-4
APN 20035500
UPID US34-0516809
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
  • Lexington Building Supply Electrical Service
  • Allstar Print Works | (Bike/Boat/Book/etc) Store Printing Service
  • Fastenal KY005 (Link-Belt) Warehouse & Storage
  • Kentucky Health Administrators Insurance Agency
  • S2S Communications LLC Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.58M
Owner & transaction history
TURNER BUSINESS CENTER LLC
TURNER BUSINESS CENTER LLC
Zoning & alternative use
B-4 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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-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 pote…

Zone name Wholesale And Warehouse Business
General category INDUSTRIAL
Zone area 647.27 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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