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Property profile & analytics
OFF-MARKET Estimated value $535,000
Turn key restaurants

5902 Old Richmond Rd Lexington, KY 40515-9720

2,052 SF 1.59 ac lot Built 1986
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US34-0564483
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Total area 2,052 SF
Lot 1.59 ac (69,260 SF)
Zoning code B-1
APN 26781900
UPID US34-0564483
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
  • Boonedogs Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$535k
Blend (final) Blend
$535k
Owner & transaction history
Judyray LLC · 8 yrs held
Judyray LLC
since 2018
2 recorded transactions
2018
$400,000
2014
$375,000
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
Top alternative use upside
Auto repair, garage $750,000 +12.0%
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