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Property profile & analytics
OFF-MARKET Estimated value $1,855,000
Warehouses

767 7th St Lexington, KY 40505-3718

3,900 SF 3.29 ac lot Built 1987
Entity Owned 5-yr Hold Free & Clear
Property ID
US34-0416273
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1987
Total area 3,900 SF
Lot 3.29 ac (143,312 SF)
Zoning code I-1
APN 25271200
UPID US34-0416273
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
  • Rainbow Storage Storage Facility
  • U-Haul Neighborhood Dealer Car Rental Facility
  • U-Stor-It Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.86M
Owner & transaction history
Wug & Co LLC · 5 yrs held
Wug & Co LLC
since 2021
Last sale
$2.0M
4 recorded transactions
2024
Price N/A
2022
Price N/A
2021
$2.0M
2019
$4.9M
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 $1.4M +109.4%
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