Property profile

2550 Nicholasville Rd Lexington, KY 40503

OFF-MARKET
Sports & entertainment properties
Property ID
US34-0580682
8,538 SF 2.01 ac lot Built 1976
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1976
Total area 8,538 SF
Lot 2.01 ac (87,556 SF)
Zoning code B-6P
APN 11212540
UPID US34-0580682

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
  • Restaurant

Location

2550 Nicholasville Rd Lexington, KY 40503-3306
Lexington metro Census 2700 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
$4.40M

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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