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Property profile & analytics
OFF-MARKET Estimated value $1,035,000
Retail space

2020 Regency Rd Lexington, KY 40503-2309

7,920 SF 0.69 ac lot Built 1969
Entity Owned 14-yr Hold Free & Clear
Property ID
US34-0449470
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Total area 7,920 SF
Lot 0.69 ac (30,096 SF)
Zoning code B-1
APN 13443075
UPID US34-0449470
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
  • Evans Firearms & Archery Gun Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.04M
Owner & transaction history
Greer Nick Rd II LLC · 14 yrs held
Greer Nick Rd II LLC
since 2012
2 recorded transactions
2016
Price N/A
2012
$650,000
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
Medical building $1.6M +5.8%
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