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    1419 Lexington Rd Richmond, KY 40475

    For Sale
    Contact for pricing

    Highly visible, renovated historic home ideal for office or retail.

    Property Features for 1419 Lexington Rd

    General Information

    Zoning
    B-3

    Source: Neal Metcalfe Agent Neal Metcalfe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office/Retail Historic Home

    This property, a former residence converted to commercial space under B-3 zoning, offers a highly visible and well-appointed location suitable for office or boutique retail use. Renovated in 2016, the property features a new parking lot, roof, paint, and interior improvements. The building includes eight or more office spaces and conference room options on two levels, along with a fully finished basement utilized for office and storage. The property offers over 5,000 square feet of space on a 0.40-acre site. It provides convenient access to I-75, downtown Richmond, and the Eastern Kentucky University (EKU) campus. The property is ideal for a professional office, real estate firm, CPA, attorney, or insurance group.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Solid Ground Consulting ... Geotechnical Engineer Morgan Madden Brashear ... Attorney Morgan Madden Brashear ... Lawyer Vanover W Gerald Attorney Morgan Madden Brashear ... Attorney

    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
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.3075522
    Latitude
    37.7602076

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    FAQs

    What type of property is this?
    Office space - Highly visible, renovated historic home ideal for office or retail.
    Where is this office space located?
    The property is located at 1419 Lexington Rd Richmond, KY.
    What is the asking price?
    The asking price for this property is $11.
    What are key features of this property?
    This property features: - Highly visible location ideal for office or boutique retail due to B-3 zoning.; - Easy access to I-75, Downtown Richmond, and EKU Campus.; - Renovated in 2016 with a new parking lot, roof, paint, and interior improvements.
    (859) 312-8069
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    Richmond, KY 40475
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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
    1419 Lexington Rd Richmond, KY 40475
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