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Property profile & analytics
OFF-MARKET Estimated value $24,645,000
Grocery and convenience stores

351 Meijer Way Lexington, KY 40503-3493

218,881 SF 21.46 ac lot Built 2000
Entity Owned 11-yr Hold Free & Clear
Property ID
US34-0583426
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2000
Total area 218,881 SF
Lot 21.46 ac (934,885 SF)
Zoning code B-6P
APN 19995850
UPID US34-0583426
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
Current use
Occupant on record · Public records
  • U.S. Bank Branch Bank Loan Service
  • U.S. Bank ATM - Reynolds Road Meijer Atm Bank
  • Meijer Specialty Food Shop Supermarket
  • Meijer Pharmacy Pharmacy
  • US Bank Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$24.68M
Blend (final) Blend
$24.65M
Owner & transaction history
Lexky Land Holdings LLC · 11 yrs held
Lexky Land Holdings LLC
since 2014
1 recorded transaction
2014
$1.6M
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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