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Property profile & analytics
OFF-MARKET Estimated value $3,110,000
Retail space

2551 Regency Rd Lexington, KY 40503-2963

28,750 SF 2.38 ac lot Built 1978
Entity Owned 13-yr Hold Free & Clear
Property ID
US34-0459716
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Total area 28,750 SF
Lot 2.38 ac (103,673 SF)
Zoning code I-1
APN 20069209
UPID US34-0459716
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
  • McGuire Insurance Agency Insurance Agency
  • Foam Warriorz Gym & Fitness Center
  • Extreme Mobility Inc Production Facility
  • WeCare Medical, LLC Production Facility
  • Superior Paint & Decorating Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.11M
Blend (final) Blend
$3.11M
Owner & transaction history
Partin Lex Acquisitions LLC · 13 yrs held
Partin Lex Acquisitions LLC
since 2013
3 recorded transactions
2022
Price N/A
2019
Price N/A
2013
$1.5M
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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