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    763-765 Lane Allen Rd Lexington, KY 40504

    For Sale
    $695,000

    SINGLE_FAMILY - Lexington, KY

    Type:Retail
    Property size:
    2,654 SF
    Lot size:
    0.21 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 763-765 Lane Allen Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    B-1
    Rooms
    Basement
    APN
    25932000
    Parking
    16
    Basement
    Partially Finished, Full, Walk-Out Access, Exterior Entry
    Size
    2,654 SF
    Lot size
    0.21 Acres

    Building Details

    Year built
    1952
    Floors in Building
    3

    The Gibson Company 2248833

    Listing agent Christa Collins (859) 224-8833

    Listing date Dec 4, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Building on High Visibility

    This multi-tenant building is for sale and situated in a high-visibility location on Lane Allen Road, across from Home Depot and near the Broadway/Harrodsburg Road intersection. The property features two private tenant entrances with street-level and upper-level spaces, each approximately 1327 square feet, totaling 2654 square feet above grade. Additionally, there are 1830 square feet below grade, divided into two spaces of approximately 915 square feet each. One below-grade space is used as a meeting area, while the other serves as storage/contractor space. One unit, 765, is currently owner-occupied and used as a contractor's office, including a reception area, private offices, and a kitchen. The below-grade spaces in this unit are used for basic conference space and storage. The other unit, 763, has been tenant-occupied as a salon for many years. Zoned B-1, the property allows for a variety of uses. Recent upgrades include complete renovation of interior spaces with new paint, flooring, and smooth ceilings, repairs and painting of the exterior, a new fence and paint, an enlarged and newly paved parking lot with new stripes, solar panels installed on the roof, two new staircases at the back entrances, and a new AC unit in the 763 Lane Allen side. The lot size is 0.21 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.536709
    Latitude
    38.028256

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    FAQs

    What type of property is this?
    Retail space - Multi-tenant building for sale in high-visibility location.
    Where is this retail space located?
    The property is located at 763-765 Lane Allen Rd Lexington, KY.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - High visibility location on Lane Allen Rd, across from Home Depot; - B-1 zoning allows for a variety of uses; - Income potential from tenant-occupied salon space (763 Lane Allen)
    (859) 224-8833
    Request Owner's contact information
    763-765 Lane Allen Rd Lexington, KY 40504
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    Lexington, KY 40504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    763-765 Lane Allen Rd Lexington, KY 40504
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