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Property profile & analytics
OFF-MARKET Estimated value $1,105,000
Grocery and convenience stores

831 Ln Allen Rd Lexington, KY 40504-3605

2,794 SF 0.7 ac lot Built 1982
Entity Owned 4-yr Hold Free & Clear
Property ID
US34-0422387
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1982
Total area 2,794 SF
Lot 0.7 ac (30,492 SF)
Zoning code B-1
APN 24497500
UPID US34-0422387
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
  • VALERO-Lane Allen Gas Station
  • Lane Allen Food Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.11M
Owner & transaction history
Deep LLC · 4 yrs held
Deep LLC
since 2022
Last sale
$801,000
2 recorded transactions
2022
$801,000
2017
$440,000
Zoning & alternative use
B-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 permitted in the P-1 and B-1 zone except for drive-through facilities. (d) Conditional Uses. The following shall be conditional uses in the MU-1 z…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 983.23 ac
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