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    3475 Blazer Pkwy Lexington, KY 40509

    Sponsored
    For Lease
    $16 SF/Yr

    Lexington, KY: Versatile Office Space Available

    Lot size:
    120,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Lexington, KY property, located at 3475 Blazer Parkway, offers 120,018 square feet of versatile space in a single, four-story Class B building on a 3.1-acre lot. Built in 1991 and renovated the same year, the property features a Tier III data center on the ground and first floors, boasting 2.1 MW power (480/240/120V), redundant power supplies, fiber optics, backup generators, cooling, boilers, and battery backup for CPUs. The upper two floors provide flexible office/flex space, ideal for traditional, executive, coworking, medical, or creative office uses. The minimum divisible space is 3,000 square feet, with a maximum contiguous space of 120,018 square feet, accommodating a wide range of tenant needs. Amenities include 240 parking spaces, three passenger and freight elevators, and 9'-9.4' ceiling heights. The property is zoned for professional office use and has a convenient location near Richmond Rd. and Man O' War Blvd., with easy access to major transportation routes. The property's tax cost per square foot is $0.51. Currently, 118,000 square feet is vacant, presenting a significant opportunity for a single large tenant or multiple smaller tenants. The building's efficient floor plan allows for adaptable configurations to suit diverse business requirements. This is a rare opportunity to lease a property with a fully equipped data center and substantial office space.

    Property Features for 3475 Blazer Pkwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,018 SF
    Class
    B
    Total Rate
    160024

    Building Details

    Year Built/Renovated
    1991/1991
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    3475 Bldg. - 1st Floor
    Size
    26,870 SF
    Rate per SF
    $21
    Space
    3475 Bldg. - Ground Floor- Data Center
    Size
    33,025 SF
    Rate per SF
    $21
    Space
    3475 Bldg. - 2nd Floor
    Size
    27,262 SF
    Rate per SF
    $21
    Space
    3475 Bldg - 3rd Floor
    Size
    27,262 SF
    Rate per SF
    $21

    HighLights

    • One year free base rent OR $6/sf base rent (restrictions apply).
    • 1.2 MW power supply from two separate substations.
    • Redundant fiber optics.
    • Three backup generators (one 825 kW, two 850 kW).
    • Redundant boilers, chillers, and cooling towers.
    • Modular wall system allows for quick and permit‑free reconfiguration.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bluegrass Specialty Surgery ... Surgical Center Briggs Waste Rentals Waste Management Service Water Damage Experts ... Building Restoration Service

    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
    -84.4352366
    Latitude
    38.000573

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    FAQs

    What type of property is this?
    Office space - Lexington, KY: Versatile Office Space Available
    Where is this office space located?
    The property is located at 3475 Blazer Pkwy Lexington, KY.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: One year free base rent OR $6/sf base rent (restrictions apply).; 1.2 MW power supply from two separate substations.; Redundant fiber optics.
    Request Owner's contact information
    3475 Blazer Pkwy Lexington, KY 40509
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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
    3475 Blazer Pkwy Lexington, KY 40509
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