Property profile

820 Ln Allen Rd Lexington, KY 40504

OFF-MARKET
Turn key restaurants
Property ID
US34-0561815
2,500 SF 11.47 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1987
Total area 2,500 SF
Lot 11.47 ac (499,633 SF)
Zoning code B-1
APN 15628900
UPID US34-0561815

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Printing Service
  • Furniture & Home Goods Home Decor Store
  • Auto Parts Store
  • Alternative Medicine Practice Spa & Massage Center
  • Take-out & Catering

Location

820 Ln Allen Rd Lexington, KY 40504-3615
Lexington metro Census 3000 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.27M

Owner & transaction history

Zoning & alternative use

B-1 · Lexington, KY
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $915,000 +12.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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