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Property profile & analytics
OFF-MARKET Estimated value $930,000
Warehouses

360 Blue Sky Pkwy Lexington, KY 40509-9444

7,640 SF 0.93 ac lot Built 1976
Individually Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US34-0519975
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1976
Total area 7,640 SF
Lot 0.93 ac (40,550 SF)
Zoning code I-1
APN 22338100
UPID US34-0519975
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
$930k
Blend (final) Blend
$930k
Owner & transaction history
Jim Williams · 16 yrs held
Jim Williams
since 2009
1 recorded transaction
2009
$800,000
Zoning & alternative use
I-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or client visits to the residence (excluding pick-up or pre-ordered items or drop-off of items to be repaired); and materials or equipment used in the conduct of the home occupation is limited to items that have minimal potential…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 4,436.91 ac
Top alternative use upside
Office building $1.5M +12.8%
Retail stores $1.5M +11.3%
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