Property profile

289 Limestone Lexington, KY 40508

OFF-MARKET
Turn key restaurants
Property ID
US34-0077584
4,768 SF 0.07 ac lot Built 1945
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1945
Total area 4,768 SF
Lot 0.07 ac (3,049 SF)
Zoning code B-1
APN 13531500
UPID US34-0077584

Cap rate & NOI

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

Location

289 Limestone Lexington, KY 40508-2501
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
$917k
Blend (final) Blend
$305k

Owner & transaction history

Zoning & alternative use

B-1 · Lexington, KY
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…

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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