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Property profile & analytics
OFF-MARKET Estimated value $845,000
Warehouses

212 Blue Sky Pkwy Lexington, KY 40509-9419

2,412 SF 0.6 ac lot Built 2010
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US34-0544798
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2010
Total area 2,412 SF
Lot 0.6 ac (26,149 SF)
Zoning code I-1
APN 20198013
UPID US34-0544798
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
  • New Life DKI Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$844k
Blend (final) Blend
$845k
Owner & transaction history
New Life Cleaners INC · 6 yrs held
New Life Cleaners INC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
I-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 potential…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 4,436.91 ac
Top alternative use upside
Auto repair, garage $880,000 +109.4%
Commercial (general) $535,000 +27.1%
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