Property profile

257 Limestone 257 Lexington, KY 40507

OFF-MARKET
Turn key restaurants
Property ID
US34-0422849
3,662 SF 0.11 ac lot Built 1930
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Total area 3,662 SF
Lot 0.11 ac (4,726 SF)
Zoning code B-2A
APN 14813300
UPID US34-0422849

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
  • Cafe & Coffee Shop

Location

257 Limestone, Unit 257 Lexington, KY 40507-1026
Lexington metro Census 101 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
$704k
Blend (final) Blend
$1.12M

Owner & transaction history

since 2024
Last sale
$1.1M
1 recorded transaction
2024
$1.1M

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
Top alternative use upside
Auto repair, garage $1.3M +12.0%

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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