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    1700 Broadway Lexington, KY 40505

    Sponsored
    For Lease
    Contact for pricing

    Prime Lexington commercial land, single tenant.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14.69-acre commercial land parcel presents a unique investment opportunity in Lexington, Kentucky. Located at 1700 N Broadway, in Fayette County, this property boasts a single-tenant occupancy. The land is currently under a sublease agreement expiring in January 2026. The total building square footage is listed as 1 square foot, suggesting the primary value lies in the expansive land itself, ideal for redevelopment or continued use as a commercial site. The property's address is 1700 N Broadway, Lexington, KY 40505. Its convenient location within Fayette County offers excellent access to major transportation routes and a thriving business community. Given the size and location, this property is well-suited for a variety of commercial ventures. The significant acreage provides ample space for expansion or the development of multiple buildings. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable Lexington location. The sublease provides immediate income potential, while the long-term prospects for development offer significant upside. Serious inquiries are encouraged. Further details are available upon request.

    Property Features for 1700 Broadway

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 14.69± acre commercial land parcel in Lexington, KY.
    • Second‑generation RV dealership & service center building on site.
    • Sublease in place through January 2026.
    • Excellent visibility and frontage on N Broadway & Hwy 4.
    • Close proximity to national retailers and auto dealerships.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blue Compass RV ... Rv Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4697253
    Latitude
    38.0687639

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    FAQs

    What type of property is this?
    Land - Prime Lexington commercial land, single tenant.
    Where is this land located?
    The property is located at 1700 Broadway Lexington, KY.
    What are key features of this property?
    This property features: 14.69± acre commercial land parcel in Lexington, KY.; Second-generation RV dealership & service center building on site.; Sublease in place through January 2026.
    Request Owner's contact information
    1700 Broadway Lexington, KY 40505
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    Lexington, KY 40505
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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
    1700 Broadway Lexington, KY 40505
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