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Property profile & analytics
OFF-MARKET Estimated value $1,060,000
Warehouses

622 Shelby St Lexington, KY 40505-3724

14,730 SF 2.53 ac lot Built 1983
Entity Owned 6-yr Hold Free & Clear
Property ID
US34-0492848
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Total area 14,730 SF
Lot 2.53 ac (110,076 SF)
Zoning code I-1
APN 11203200
UPID US34-0492848
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
$1.06M
Blend (final) Blend
$1.06M
Owner & transaction history
Huber Real Est #1 LLC · 6 yrs held
Huber Real Est #1 LLC
since 2020
Last sale
$5,000
3 recorded transactions
2020
$5,000
2019
Price N/A
2017
Price N/A
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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