Technical
Financial
Distress signals
Property profile

657 Blue Sky Pkwy Lexington, KY 40509

OFF-MARKET
Industrial properties
Property ID
US34-0588068
6,000 SF 0.47 ac lot Built 2018
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2018
Total area 6,000 SF
Lot 0.47 ac (20,473 SF)
Zoning code I-1
APN 20542270
UPID US34-0588068

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Marketing & Advertising Photography Service

Location

657 Blue Sky Pkwy Lexington, KY 40509-9459
Lexington metro Census 3918 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.36M

Owner & transaction history

since 2016
2 recorded transactions
2016
$189,900
2016
$189,900

Zoning & alternative use

I-1 · Lexington, KY
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…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $2.2M +64.7%
Restaurant $2.0M +47.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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