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Property profile & analytics
OFF-MARKET Estimated value $3,785,000
Drive through restaurants

2369 Richmond Rd Lexington, KY 40502-1307

7,446 SF 0.99 ac lot Built 2014
Entity Owned 12-yr Hold Free & Clear
Property ID
US34-0768250
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2014
Total area 7,446 SF
Lot 0.99 ac (43,124 SF)
Zoning code B-6P
APN 38253060
UPID US34-0768250
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
  • Orangetheory Fitness Gym & Fitness Center
  • El Jefe Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.79M
Blend (final) Blend
$3.79M
Owner & transaction history
Mjm Real Est Holdings LLC · 12 yrs held
Mjm Real Est Holdings LLC
since 2014
4 recorded transactions
2023
Price N/A
2021
Price N/A
2014
$1.3M
2013
$750,000
Zoning & alternative use
B-6P · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 corridors within the community, while supporting existing residential neighborhoods and incorporating new residential opportunities in accor…

Zone name Commercial Center
General category COMMERCIAL
Zone area 1,144.00 ac
Top alternative use upside
Auto repair, garage $2.7M +12.0%
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