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Property profile & analytics
OFF-MARKET Estimated value $490,000
Drive through restaurants

545 Limestone 549 Lexington, KY 40508-4006

12,288 SF 0.15 ac lot Built 1925
Entity Owned Absentee Owner Free & Clear
Property ID
US34-0614301
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1925
Total area 12,288 SF
Lot 0.15 ac (6,730 SF)
Zoning code B-1
APN 13823500
UPID US34-0614301
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
  • Ware Donald L Law Firm
  • FishWare Outfitters Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.36M
Blend (final) Blend
$490k
Owner & transaction history
WAREHOUSES KY LLC
WAREHOUSES KY LLC
Zoning & alternative use
B-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permitted in the P-1 and B-1 zone except for drive-through facilities. (d) Conditional Uses. The following shall be conditional uses in the MU-1 z…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 983.23 ac
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