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Medical Office Building with Elevator

2161 Lexington Rd, Richmond, KY 40475

For Sale
New
Contact for pricing

Existing medical improvements, multiple suites, and leased space offer a mix of occupancy and rental configurations.

Property Size18,948 SF
Lot Size1.01 Acres
Price / SF$141.18
Days on Market5

Property Features for 2161 Lexington Rd

General Information

Standard status Active
Size 18,948 SF
Total Parking Spaces 52
Elevators Yes
Lot size 1.01 Acres
Property subtype Office

Additional Details

Road Access Yes
Sprinkler System Yes
Property Use Medical Office

Building Details

Buildings 1
Stories 2
Building Size 18,948 SF
Construction brick
Listing Agency: The Gibson Company Commercial Real Estate
Listed By: Kevin Verhoven · License KY #58263
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 3:36PM

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 The Gibson Company Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This two-level office property in Richmond, Kentucky, contains 18,948 square feet on 1.01 acres. The building has multiple suites, existing medical improvements in available second-floor space, an elevator, and a full sprinkler system. Some space is leased, while the upper-level suites provide existing clinical fit-up for further adaptation.

The property has 52 on-site parking spaces and access from Lexington Road as well as the rear of the site. Its office configuration includes both medical and professional uses.

Key Highlights

  • 18,948‑square‑foot office building on 1.01 acres
  • Existing medical improvements in available second‑floor suites
  • Multiple suites and leased space

Property Analytics

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Open Analytics

Current Use

Scott Kleykamp: Allstate ... Insurance Agency Subway Take-out & Catering Yalkut Denis MD Physician Kimberly H. Sowden, ... Physician Dicks Clarice Medical Clinic

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Auto Parts Store Electrical Service Hair Salon Building Supply

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

Lease Details

Yes
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - Existing medical improvements, multiple suites, and leased space offer a mix of occupancy and rental configurations.
Where is this office building located?
The property is located at 2161 Lexington Rd Richmond, KY.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: 18,948‑square‑foot office building on 1.01 acres; Existing medical improvements in available second‑floor suites; Multiple suites and leased space
(859) 494-4460 Call to check price and availability
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