Recently Renovated Office
2700 Old Rosebud Rd Lexington, KY 40509
New
2700 Old Rosebud Rd, Lexington, KY, 40509
$495,000
For Sale
$495,000
Recently renovated office condo available for sale with convenient access to I-75 and I-64.
Property Size2,634 SF
Price / SF$187.93
Days on Market7
Property Features for 2700 Old Rosebud Rd
General Information
- Standard status
- Active
- Size
- 2,634 SF
- Property subtype
- Other Special Purpose
Building Details
- Year Built
- 2005
Listing agency
NAI Isaac
(859) 224-2000
Listed by
P R Smith
(859) 224-2000
Source
Thebrokerlist
Added: Jul 15 Checked: Jul 21 at 3:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Isaac
Investment Insights
Based on property information with market context.
This recently renovated office condo offers Class “A” office accommodations with high-end finishes. The property includes ample on-site parking and is suited for professional office use.
The office condo is located within the Hamburg area of Lexington at 2700 Old Rosebud Rd, in the Hamburg Place regional shopping center and office development. Hamburg Place is described as being surrounded by dense residential areas, with convenient access to downtown and to I-75 and I-64 for connectivity across Central Kentucky, Louisville, and Cincinnati.
The site is zoned P-1, Professional Office. The property is within a development that includes a mix of retail, professional office, and residential uses, and the area near the site is reported as having approximately 17,748 ADT on Old Rosebud Road.
The office condo is located within the Hamburg area of Lexington at 2700 Old Rosebud Rd, in the Hamburg Place regional shopping center and office development. Hamburg Place is described as being surrounded by dense residential areas, with convenient access to downtown and to I-75 and I-64 for connectivity across Central Kentucky, Louisville, and Cincinnati.
The site is zoned P-1, Professional Office. The property is within a development that includes a mix of retail, professional office, and residential uses, and the area near the site is reported as having approximately 17,748 ADT on Old Rosebud Road.
Key Highlights
- 2,634 SF recently renovated office condo in Lexington (built 2005)
- Located in a Class A office building with high‑end finishes and ample parking
- Zoned P‑1, Professional Office
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.6k | $19.20 |
| − Vacancy | −$6.7k | −$2.56 |
| EGI | $43.8k | $16.64 |
| − OpEx | −$11.0k | −$4.16 |
| NOI | $32.9k | $12.48 |
2,634 SF · lease $19.20/SF/yr · vacancy 13.32% · expense 25.00%
Alternative Uses
Best Use
Office B
$469.7K
$411.0K – $548.0K
NOI $32,877 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$548.8K
$480.2K – $640.3K
NOI $38,415 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Casey Meyer
Physician
Pam Brooks, REALTOR®
Real Estate Agency
Kathi Morland Real ...
Real Estate Agency
Miller Dental Laboratory
Dental Office
Lexington Podiatry
Physician
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FAQs
What type of property is this?
Office units - Recently renovated office condo available for sale with convenient access to I-75 and I-64.
Where is this office units located?
The property is located at 2700 Old Rosebud Rd Lexington, KY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,634 SF recently renovated office condo in Lexington (built 2005); Located in a Class A office building with high‑end finishes and ample parking; Zoned P‑1, Professional Office
