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Property profile & analytics
OFF-MARKET Estimated value $43,350,000
Distribution centers

2390 Remington Way Lexington, KY 40511-2267

441,100 SF 30 ac lot Built 2016
Entity Owned 9-yr Hold Free & Clear
Property ID
US34-0456636
Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2016
Total area 441,100 SF
Lot 30 ac (1,306,800 SF)
Zoning code I-1
APN 20073760
UPID US34-0456636
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
  • Sumitomo Electric Wiring Systems Electronics & Wireless Store
  • Trancy Logistics America Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$43.35M
Blend (final) Blend
$43.35M
Owner & transaction history
Pinchal Fund I LLC · 9 yrs held
Pinchal Fund I LLC
since 2016
4 recorded transactions
2023
Price N/A
2016
$23.3M
2015
$4.7M
2015
$2.5M
Zoning & alternative use
I-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I-1 or 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…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 4,436.91 ac
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