Property profile

835 Contract St 845 Lexington, KY 40505

OFF-MARKET
Industrial properties
Property ID
US34-0453394
8,400 SF 0.52 ac lot Built 1987
Trust Owned 12-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1987
Total area 8,400 SF
Lot 0.52 ac (22,651 SF)
Zoning code I-1
APN 11940400
UPID US34-0453394

Cap rate & NOI

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

Location

835 Contract St, Unit 845 Lexington, KY 40505-3613
Lexington metro Census 1500 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$475k

Owner & transaction history

since 2014
1 recorded transaction
2014
$336,000

Zoning & alternative use

I-1 · Lexington, KY
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…

General category INDUSTRIAL

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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