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Property profile & analytics
OFF-MARKET Estimated value $2,240,000
Grocery and convenience stores

3211 Nicholasville Rd Lexington, KY 40503-3311

1,393 SF 2.2 ac lot Built 1990
Entity Owned 2-yr Hold Free & Clear
Property ID
US34-0466298
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1990
Total area 1,393 SF
Lot 2.2 ac (95,832 SF)
Zoning code B-6P
APN 10031490
UPID US34-0466298
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$2.24M
Owner & transaction history
Caseys Marketing Company · 2 yrs held
Caseys Marketing Company
since 2023
Last sale
$3.0M
3 recorded transactions
2023
$3.0M
2018
$1.7M
2015
$2.0M
Zoning & alternative use
B-6P · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 corridors within the community, while supporting existing residential neighborhoods and incorporating new residential opportunities in accor…

Zone name Commercial Center
General category COMMERCIAL
Zone area 1,144.00 ac
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