Property profile

3509 Lansdowne Dr Lexington, KY 40517

OFF-MARKET
Drive through restaurants
Property ID
US34-0608699
2,461 SF 0.47 ac lot Built 1987
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1987
Total area 2,461 SF
Lot 0.47 ac (20,473 SF)
Zoning code B-6P
APN 20044270
UPID US34-0608699

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 Take-out & Catering

Location

3509 Lansdowne Dr Lexington, KY 40517-1401
Lexington metro Census 3501 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$880k
Blend (final) Blend
$1.22M

Owner & transaction history

since 2024
Last sale
$1.2M
1 recorded transaction
2024
$1.2M

Zoning & alternative use

B-6P · Lexington, KY
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…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $900,000 +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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