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131 KENTUCKY AVE, Lexington, KY 40502

Office property with R-3 zoning and a 1972 construction date.

Property Size2,648 SF
Price / SF$641.99
Days on Market128

Property Features for 131 KENTUCKY AVE

General Information

Standard status Active
Size 2,648 SF
Class A
Total Parking Spaces 9
Property subtype Retail, Office
Zoning R-3
Investment Type Owner/User

Building Details

Year Built 1972
Stories 2
Units 1
Listing Agency: Compass Capital Management
Listed By: Kyle Jameson · License #KY 276449
Source: Crexi
Added: Apr 28 Changed: Aug 30 Last Checked: Aug 30 at 10:15PM

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 Compass Capital Management

Investment Insights

Based on property information with market context.

The property is an office building containing 2,648 square feet. It was constructed in 1972 and carries an R-3 zoning designation.

Located at 131 Kentucky Ave in Lexington, Kentucky, the property is identified within the 40502 ZIP code. The asset is offered for sale as an office building.

Key Highlights

  • 2,648‑square‑foot office building
  • R‑3 zoning designation
  • Constructed in 1972

Property Analytics

Current Use

Automated Material Handling Material Handling Equipment Supplier

Suggested Use

Top Pick HVAC Service Auto Parts Store Nursing Home Locksmith Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,432
Businesses Nearby

Demographics for 40502, KY

26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office property with R-3 zoning and a 1972 construction date.
Where is this office building located?
The property is located at 131 KENTUCKY AVE Lexington, KY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 2,648‑square‑foot office building; R‑3 zoning designation; Constructed in 1972
More about this property
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