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Property profile & analytics
OFF-MARKET Estimated value $980,000
Industrial properties

227 Big Run Rd Lexington, KY 40503-2902

6,500 SF 0.25 ac lot Built 1996
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US34-0392470
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1996
Total area 6,500 SF
Lot 0.25 ac (10,890 SF)
Zoning code I-2
APN 10468977
UPID US34-0392470
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$980k
Owner & transaction history
Ghs Duty Prop LLC · 9 yrs held
Ghs Duty Prop LLC
since 2017
2 recorded transactions
2017
$525,000
2010
$350,000
Zoning & alternative use
I-2 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 for di…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 800.05 ac
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