Entity Owned Property summary
The property is a light industrial facility totaling approximately 4,000 square feet, located in Lexington, Kentucky, and zoned I-1. The building footprint measures about 80 feet in depth by 50 feet in width and includes two drive-in doors with approximately 14-foot clear height. The site comprises a 2.11-acre lot. The space is designed in a way that may allow for divisibility upon approval.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Lexington, KYI-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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1 in Lexington, KY.
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