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Property profile & analytics
OFF-MARKET Estimated value $560,000
Warehouses

821 Loudon Ave Lexington, KY 40505-3927

5,339 SF 0.17 ac lot Built 1997
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0421091
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1997
Total area 5,339 SF
Lot 0.17 ac (7,527 SF)
Zoning code I-1
APN 19976810
UPID US34-0421091
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
  • Eastland tire & auto repair (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$560k
Blend (final) Blend
$560k
Owner & transaction history
Prather Inv LLC · 8 yrs held
Prather Inv LLC
since 2018
1 recorded transaction
2018
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
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