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Property profile & analytics
OFF-MARKET Estimated value $4,565,000
Warehouses

2416 Over Dr Lexington, KY 40511-2618

17,866 SF 1.38 ac lot Built 1988
Entity Owned 4-yr Hold Free & Clear
Property ID
US34-0447404
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Total area 17,866 SF
Lot 1.38 ac (60,113 SF)
Zoning code I-1
APN 20036740
UPID US34-0447404
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
  • Holland's Contract Carpets Carpet & Flooring Store
  • Viande & Co Food Processing Plant Factory
  • Suter Mechanical Co General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.57M
Owner & transaction history
Walker Prop Of Central Ky LLC · 4 yrs held
Walker Prop Of Central Ky LLC
since 2021
Last sale
$6.1M
1 recorded transaction
2021
$6.1M
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
Top alternative use upside
Auto repair, garage $6.5M +109.4%
Restaurant $5.8M +86.9%
Commercial (general) $4.0M +27.1%
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