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Property profile & analytics
OFF-MARKET Estimated value $5,085,000
Warehouses

958 Delaware Ave Lexington, KY 40505-3910

11,786 SF 10.23 ac lot Built 2015
Entity Owned 4-yr Hold Free & Clear
Property ID
US34-0478058
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2015
Total area 11,786 SF
Lot 10.23 ac (445,619 SF)
Zoning code I-1
APN 10012550
UPID US34-0478058
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
  • Kosmos Cement Company - Lexington, KY Terminal Building Supply Production Facility
  • Bulk First Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.12M
Blend (final) Blend
$5.09M
Owner & transaction history
Netherland Yard Real Estate LLC · 4 yrs held
Netherland Yard Real Estate LLC
since 2022
Last sale
$5.1M
3 recorded transactions
2022
Price N/A
2022
Price N/A
2022
$5.1M
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
Top alternative use upside
Auto repair, garage $4.3M +109.4%
Restaurant $3.8M +86.9%
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