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Property profile & analytics
OFF-MARKET Estimated value $1,705,000
Industrial properties

731 Werne Dr Lexington, KY 40504-1008

14,060 SF 0.69 ac lot Built 1973
Entity Owned 1-yr Hold Free & Clear
Property ID
US34-0585454
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1973
Total area 14,060 SF
Lot 0.69 ac (30,056 SF)
Zoning code I-2
APN 13863525
UPID US34-0585454
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
  • Fizer Inc General Contractor
  • Tile & Stone Gallery Hardware & Home Improvement Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.87M
Blend (final) Blend
$1.71M
Owner & transaction history
Fizer Investments LLC · 1 yrs held
Fizer Investments LLC
since 2025
2 recorded transactions
2025
Price N/A
2008
$475,000
Zoning & alternative use
I-2 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 for di…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 800.05 ac
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