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Property profile & analytics
OFF-MARKET Estimated value $610,000
Industrial properties

933 National Ave Lexington, KY 40502-1435

3,956 SF 0.39 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
Property ID
US34-0521467
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1960
Total area 3,956 SF
Lot 0.39 ac (16,988 SF)
Zoning code B-4
APN 38202730
UPID US34-0521467
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
  • Frosty Treats BB ice cream Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$667k
Blend (final) Blend
$610k
Owner & transaction history
MGE REALTY LLC
MGE REALTY LLC
Zoning & alternative use
B-4 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-4, 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 pote…

Zone name Wholesale And Warehouse Business
General category INDUSTRIAL
Zone area 647.27 ac
Top alternative use upside
Retail stores $945,000 +7.7%
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