Technical
Financial
Distress signals
Property profile

2320 Grey Lag Way Lexington, KY 40509

OFF-MARKET
Car washes
Property ID
US34-0593461
3,675 SF 0.9 ac lot Built 2018
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 2018
Total area 3,675 SF
Lot 0.9 ac (39,073 SF)
Zoning code B-6P
APN 38169930
UPID US34-0593461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Decor Store Department Store
  • Car Wash

Location

2320 Grey Lag Way Lexington, KY 40509-2477
Lexington metro Census 3908 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.72M
Blend (final) Blend
$5.95M

Owner & transaction history

since 2021
Last sale
$4.4M
4 recorded transactions
2021
$8.0M
2021
$1.5M
2019
$1.5M
2018
$930,000

Zoning & alternative use

B-6P · Lexington, KY
Zoning description

Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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