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Property profile & analytics
OFF-MARKET Estimated value $1,345,000
Warehouses

757 Newtown Pike Lexington, KY 40511-1853

12,025 SF 0.44 ac lot Built 2018
Entity Owned 9-yr Hold Free & Clear
Property ID
US34-0448376
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2018
Total area 12,025 SF
Lot 0.44 ac (19,166 SF)
Zoning code B-4
APN 10002890
UPID US34-0448376
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
$1.35M
Blend (final) Blend
$1.35M
Owner & transaction history
Scw Newtown LLC · 9 yrs held
Scw Newtown LLC
since 2017
1 recorded transaction
2017
$195,000
Zoning & alternative use
B-4 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-4, 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 pote…

Zone name Wholesale And Warehouse Business
General category INDUSTRIAL
Zone area 647.27 ac
Top alternative use upside
Office building $2.2M +6.3%
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