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Property profile & analytics
OFF-MARKET Estimated value $2,560,000
Industrial properties

868 Nandino Blvd Lexington, KY 40511-1203

13,960 SF 1.51 ac lot Built 1975
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US34-0582173
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1975
Total area 13,960 SF
Lot 1.51 ac (65,776 SF)
Zoning code I-1
APN 10930500
UPID US34-0582173
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
  • Wehr Constructors, Inc. Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.80M
Blend (final) Blend
$2.56M
Owner & transaction history
Emtcko LLC · 6 yrs held
Emtcko LLC
since 2019
1 recorded transaction
2019
$1.1M
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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