Property profile

2524 Nicholasville Rd Lexington, KY 40503

OFF-MARKET
Turn key restaurants
Property ID
US34-0547262
29,500 SF 2.52 ac lot Built 2000
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Total area 29,500 SF
Lot 2.52 ac (109,945 SF)
Zoning code B-6P
APN 10018210
UPID US34-0547262

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Arcade & Gaming Center (Bike/Boat/Book/etc) Store

Location

2524 Nicholasville Rd Lexington, KY 40503-3306
Lexington metro Census 2700 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.67M
Blend (final) Blend
$5.68M

Owner & transaction history

Zoning & alternative use

B-6P · Lexington, KY
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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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