Property profile

262 Limestone Lexington, KY 40507

OFF-MARKET
Turn key restaurants
Property ID
US34-0515274
1,462 SF 0.4 ac lot Built 1955
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1955
Total area 1,462 SF
Lot 0.4 ac (17,250 SF)
Zoning code B-2A
APN 15858000
UPID US34-0515274

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

262 Limestone Lexington, KY 40507-1082
Lexington metro Census 101 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2024
Last sale
$500,000
1 recorded transaction
2024
$500,000

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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