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Property profile & analytics
FOR SALE
Warehouses

510 Henry Clay Blvd Lexington, KY 40505

1,664 SF 6 ac lot Built 1941
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US34-0426044
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1941
Total area 1,664 SF
Lot 6 ac (261,229 SF)
Zoning code I-1
APN 41543100
UPID US34-0426044
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
  • Lexel Imaging Systems Inc Industrial Manufacturer Production Facility
  • Lexington Makerspace Charitable Organization Social Service Agency
  • Wondrous Ceramics Training Center Vocational School
  • Scott Pfeiffer & Company Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hard Corner Partners LLC · 4 yrs held
Hard Corner Partners LLC
since 2022
Last sale
$3.4M
1 recorded transaction
2022
$3.4M
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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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