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Property profile & analytics
OFF-MARKET Estimated value $1,750,000
Sports & entertainment properties

1761 Sharkey Way Lexington, KY 40511-2028

5,138 SF 1.33 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US34-0569475
Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 2004
Total area 5,138 SF
Lot 1.33 ac (57,848 SF)
Zoning code B-1
APN 38126560
UPID US34-0569475
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
  • Applebee's Grill + Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.75M
Owner & transaction history
Obc Lexington LLC · 4 yrs held
Obc Lexington LLC
since 2022
Last sale
$1.8M
3 recorded transactions
2022
$1.8M
2019
Price N/A
2011
$1.7M
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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