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    1218 S Broadway Lexington, KY 40504

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    For Sale
    $332,220

    Office condo featuring seven offices, conference rooms, and open workspaces.

    Property size:
    5,537 SF
    Lot size:
    1.70 Acres

    Property Features for 1218 S Broadway

    General Information

    Size
    5,537 SF
    Lot size
    1.70 Acres

    Source: Block & Lot Real Estate Agent Colleen Barr

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

    Overview

    Office Condo on S. Broadway

    This office condo for sale is located on S. Broadway. Constructed in 1966, the space encompasses seven offices, two conference rooms, open workspaces, and a breakroom. The building is serviced by two elevators, and ample parking is available. Also for sale at this address are six units, totaling 20,001 square feet, and 0.32 acres of land at 381 Legion Drive. The property offers 5537 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Westerfield IV A David ... Doctor Dr. Jon K. ... Radiologist Dr. Charles M. ... Radiologist Technicare Consulting Computer Security Service Davis Robert A MD Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.520145
    Latitude
    38.035352

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    FAQs

    What type of property is this?
    Office space - Office condo featuring seven offices, conference rooms, and open workspaces.
    Where is this office space located?
    The property is located at 1218 S Broadway Lexington, KY.
    What is the asking price?
    The asking price for this property is $332,220.
    What are key features of this property?
    This property features: - Office condo for sale on S. Broadway.; - Seven offices, two conference rooms, open workspaces, and a breakroom provide a versatile layout.; - Two elevators service the building.
    (859) 489-6133
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    1218 S Broadway 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
    1218 S Broadway Lexington, KY 40504
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