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    Established Office Suite For Sale Title is generated by Realmo AI

    1795 Alysheba Way, Lexington, KY 40509

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    1,000 SF office suite in Lexington, KY for sale.

    Type:Office
    Property size:
    1,000 SF
    Price / SF:
    $189/SF
    Added:
    Jan 26, 2026
    Days on Market:
    159
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 1795 Alysheba Way

    General Information

    Standard status
    Active
    Size
    1,000 SF
    Property subtype
    Office

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    Neal Metcalfe
    Neal Metcalfe

    Listing office SVN | Stone Commercial Real Estate

    Listing date Jan 26, 2026

    Source Crexi

    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 SVN | Stone Commercial Real Estate

    HighLights

    • Excellent visibility and accessibility within Alysheba Office Park
    • Located near Nicholasville Road and Man O’ War Boulevard
    • Proximity to shopping, dining, and residential areas
    • 1,000 SF office suite
    • Ideal for owner‑users or investors
    • Currently occupied by a month‑to‑month tenant

    Overview

    This 1,000 SF office suite is available for sale at 1795 Alysheba Way in Lexington, KY. The condo is located within the Alysheba Office Park. The property benefits from visibility and accessibility, with proximity to Nicholasville Road, Man O’ War Boulevard, and nearby shopping, dining, and residential areas. The suite is currently occupied by a month-to-month tenant. This presents an opportunity for owner-users or investors seeking an office location.

    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 $19.2k $19.20
    − Vacancy −$2.6k −$2.56
    EGI $16.6k $16.64
    − OpEx −$4.2k −$4.16
    NOI $12.5k $12.48
    1,000 SF · lease $19.20/SF/yr · vacancy 13.32% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $178.3K
    $156.0K – $208.0K (±1% cap)
    NOI $12,482 @ 7.0% cap · market cap 6.60%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $208.3K
    $182.3K – $243.1K (±1% cap)
    NOI $14,584 @ 7.0% cap · market cap 7.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Sunrise Dental Solutions Dental Office CHAMBERS CPA LLC Tax Preparation Rocker (Bike/Boat/Book/etc) Store Next Century Technologies ... Tech Support Center Primerica Financial Services Financial Advisor

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Hair Salon HVAC Service Department Store Grocery & Convenience Store Garden Center Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.421755
    Latitude
    38.016648

    FAQs

    What type of property is this?
    Office units - 1,000 SF office suite in Lexington, KY for sale.
    Where is this office units located?
    The property is located at 1795 Alysheba Way Lexington, KY.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: Excellent visibility and accessibility within Alysheba Office Park; Located near Nicholasville Road and Man O’ War Boulevard; Proximity to shopping, dining, and residential areas
    (859) 312-8069 Call to check price and availability
    More about this property
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