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Property profile & analytics
OFF-MARKET Estimated value $5,510,000
Grocery and convenience stores

4560 Iron Works Pike Lexington, KY 40511-8412

6,050 SF 7.12 ac lot Built 1997
Entity Owned 2-yr Hold Free & Clear
Property ID
US34-0430253
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1997
Total area 6,050 SF
Lot 7.12 ac (310,147 SF)
Zoning code A-R
APN 19969290
UPID US34-0430253
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
  • EG Minit Mart Horsepark Gas Station
  • Minit Mart Grocery & Convenience Store
  • Western Union Bank Credit Union
  • Hunt Bros. Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.62M
Blend (final) Blend
$5.51M
Owner & transaction history
Caseys Marketing Company · 2 yrs held
Caseys Marketing Company
since 2023
Last sale
$4.7M
2 recorded transactions
2023
$4.7M
2018
$2.3M
Zoning & alternative use
A-R · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A-R) Zone, Agricultural Natural Area (A-N) Zone, or Agricultural Buffer (A-B) Zone, notice shall be given to the next two (2) properties or one (1) mile, whichever is greater, in the direction of the Agricultural-Rural (A-R) Zone Agricultural Natural Area (A-N) Zone, or Agricultural Buffer (A-B) Zone. Where the subject property adjoins an Agricultural-Urban…

Zone name Agricultural Rural
General category AGRICULTURAL
Zone area 128,352.98 ac
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