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Property profile & analytics
OFF-MARKET Estimated value $2,510,000
Drive through restaurants

2321 Versailles Rd Lexington, KY 40504-1605

4,940 SF 0.92 ac lot Built 1997
Entity Owned Absentee Owner Free & Clear
Property ID
US34-0455827
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1997
Total area 4,940 SF
Lot 0.92 ac (40,075 SF)
Zoning code B-1
APN 14268350
UPID US34-0455827
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
  • McDonald's Restaurant Take-out & Catering
  • Monique Bryant Car Dealership Shipping Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.51M
Blend (final) Blend
$2.51M
Owner & transaction history
MCDONALDS CORP
MCDONALDS CORP
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
Auto repair, garage $1.8M +12.0%
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