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    860 Corporate Dr Lexington, KY 40503

    For Sale
    Contact for pricing

    Versatile office suite, ideal for growing businesses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2.35-acre commercial property at 860 Corporate Drive, Unit 103, Lexington, KY, presents a first-floor office space perfectly situated in Lexington's dynamic business district. Its convenient location off Harrodsburg Road and New Circle Road ensures excellent accessibility. The interior boasts six private offices, catering to individual or team needs, complemented by an open workspace designed to foster collaboration. A welcoming reception area sets a professional tone, while two dedicated conference rooms, including a sizable training room, provide ample space for meetings and presentations. Further enhancing its functionality is a flexible lounge area, adaptable as an additional office or conference space. A spacious kitchen/media room, complete with a green screen wall, caters to multimedia requirements. Ample parking is available on-site for both employees and clients, along with the convenience of an onsite dumpster. The property's proximity to numerous restaurants in the Beaumont and Harrodsburg Road corridor adds to its appeal. Included in the lease are utilities, eliminating additional fees (excluding significant electrical demands). The kitchen island, refrigerator, and conference tables are included. This turnkey office space is priced at $14 million and offers a compelling opportunity for businesses seeking a prestigious and functional location.

    Property Features for 860 Corporate Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    102,366 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gentle Dental Touch Dentist Family Dental Care Dentist Clear Choice Smile Orthodontist Dr. Douglas D. ... Orthodontist Gentle Dental Touch ... Dentist

    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
    -84.55339
    Latitude
    38.01151

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile office suite, ideal for growing businesses.
    Where is this commercial real estate located?
    The property is located at 860 Corporate Dr Lexington, KY.
    What is the asking price?
    The asking price for this property is $14.
    (859) 285-0614
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    860 Corporate Dr Lexington, KY 40503
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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
    860 Corporate Dr Lexington, KY 40503
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