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Property profile & analytics
OFF-MARKET Estimated value $1,935,000
Industrial properties

731 Enterprise Dr 741 Lexington, KY 40510-1031

5,000 SF 1.77 ac lot Built 1994
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0606748
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1994
Total area 5,000 SF
Lot 1.77 ac (77,101 SF)
Zoning code I-1
APN 20111950
UPID US34-0606748
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
  • Intertek Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.15M
Blend (final) Blend
$1.94M
Owner & transaction history
721 Enterprise Drive LLC · 2 yrs held
721 Enterprise Drive LLC
since 2024
1 recorded transaction
2024
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
Top alternative use upside
Auto repair, garage $1.8M +64.7%
Restaurant $1.6M +47.1%
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