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Property profile & analytics
OFF-MARKET Estimated value $3,185,000
Industrial properties

2121 Capstone Dr Lexington, KY 40511-8921

20,120 SF 1.15 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US34-0501483
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2005
Total area 20,120 SF
Lot 1.15 ac (50,094 SF)
Zoning code I-1
APN 38013550
UPID US34-0501483
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
  • Royal Wholesale & Distributors Inc Big Box & Wholesale Store
  • Nasir Immigration Law PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.21M
Comparable Approach Comparable
$4.26M
Blend (final) Blend
$3.19M
Owner & transaction history
Swaminarayan Realty LLC · 2 yrs held
Swaminarayan Realty LLC
since 2023
Last sale
$2.4M
4 recorded transactions
2024
Price N/A
2023
$2.4M
2023
Price N/A
2010
$900,000
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
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