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    Property profile & analytics

    2350 Grey Lag Way Lexington, KY 40509-2477

    • Gas stations
    • 219,455 SF
    • 21.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0605534
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jackson Hewitt Tax Service / Tax Preparation / Tax Consultant
    • Walmart Photo Center / Photo Shop / Digital Printer
    • Da-Vi Nails / Nail Salon
    • Subway / Sandwich Shop / Caterer
    • Walmart Garden Center / Garden Center / Landscaping Supply Store

    Property Details for 2350 Grey Lag Way

    Year built
    2006
    Lot size
    21.38 lot acres
    Property size
    219,455 SF
    Zone code
    B-6P
    Property type
    Gas stations
    APN
    38169970
    APU
    38169970

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4228
    Latitude
    38.0377
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $204,039
    $0.00
    $0.00
    $16,500,000
    -
    $0.00
    $0.00
    $16,500,000

    Comparable in this City

    • Value Estimation by Request
      8,820 SF

      565 Blue Sky Pkwy

      AUTO REPAIR, GARAGE • 8,820 SF
      565 Blue Sky Pkwy, Lexington, KY 40509-9456
      View Details
    • Value Estimation by Request
      17,068 SF

      672 Blue Sky Pkwy

      VEHICLE SALES, RENTALS • 17,068 SF
      672 Blue Sky Pkwy, Lexington, KY 40509-9447
      View Details
    • Value Estimation
      $6,595,000
      28,353 SF

      3340 Richmond Rd

      VEHICLE SALES, RENTALS • 28,353 SF
      3340 Richmond Rd, Lexington, KY 40509-1835
      View Details
    • Value Estimation
      $895,000
      5,044 SF

      2637 Richmond Rd

      CAR WASH • 5,044 SF
      2637 Richmond Rd, Lexington, KY 40509-1502
      View Details
    • Value Estimation
      $5,520,000
      3,675 SF

      2320 Grey Lag Way

      CAR WASH • 3,675 SF
      2320 Grey Lag Way, Lexington, KY 40509-2477
      View Details
    • Value Estimation by Request
      48,304 SF

      213 Blue Sky Pkwy

      AUTO REPAIR, GARAGE • 48,304 SF
      213 Blue Sky Pkwy, Lexington, KY 40509-9419
      View Details

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    Similar Nearby for Lease

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      Retail Center in Lexington

      Recently constructed retail center on Richmond Road in Lexington, KY.
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      Lexington Retail Space For Rent

      Retail space in high-traffic Lexington corridor with excellent visibility.
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      View Details

    Property Visit Statistics

    • Visits by month
      278.9k
    • Visitors by month
      147.4k
    • Avg Time on site
      35 min
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    2350 Grey Lag Way
    Lexington, KY 40509-2477
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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