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Property profile & analytics
FOR LEASE
Auto shops

2408 Over Dr Lexington, KY 40511

6,732 SF 1.03 ac lot Built 2001
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US34-0630435
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2001
Total area 6,732 SF
Lot 1.03 ac (44,867 SF)
Zoning code I-1
APN 20036730
UPID US34-0630435
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
  • Splash 'Em Out Corporate Headquarters (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.68M
Blend (final) Blend
$2.14M
Owner & transaction history
3 Bears Properties LLC · 3 yrs held
3 Bears Properties LLC
since 2022
Last sale
$1.6M
4 recorded transactions
2022
$1.6M
2022
$200,000
2022
Price N/A
2017
Price N/A
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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