Technical
Financial
Distress signals
Property profile

253 2nd St Lexington, KY 40507

OFF-MARKET
Warehouses
Property ID
US34-0469816
1,519 SF 0.04 ac lot Built 1950
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 1,519 SF
Lot 0.04 ac (1,742 SF)
Zoning code B-2A
APN 10444900
UPID US34-0469816

Cap rate & NOI

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

Location

253 2nd St Lexington, KY 40507-2107
Lexington metro Census 101 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2016
1 recorded transaction
2016
$60,000

Zoning & alternative use

B-2A · Lexington, KY
Zoning description

(c) In the Downtown Business Frame (B-2A) zone, where at least fifty (50%) percent of dwelling units of a lot are being provided at an affordable level, developments shall be granted an affordable housing bonus in use, s…

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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