Property profile

890 Lee Hwy Lexington, VA 24450

OFF-MARKET
Turn key restaurants
Property ID
US87-2712340
5,390 SF 1.31 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Total area 5,390 SF
Lot 1.31 ac (57,064 SF)
Zoning code B-1
APN 61A1 1 5E1
UPID US87-2712340

Cap rate & NOI

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

Location

890 Lee Hwy Lexington, VA 24450-3725
Lexington metro Census 930101
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

Zoning & alternative use

B-1 · Lexington, VA

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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