715 Shaker Dr Lexington, KY 40504
This vacant, 6,613-square-foot medical office condo is situated in Lexington, Kentucky, at 715 Shaker Dr, 40504. Located in the Physicians Mall, Suite 104, this single-story Class C building offers a prime location off Harrodsburg Road, providing easy access to major medical facilities. The property features a large waiting area with a glass-enclosed reception area, a lab room, a spacious multi-use room, four patient rooms, nineteen offices, and eight restrooms (including three offices with private restrooms). The building is zoned P-1 for professional office use, making it ideal for a variety of medical practices or similar professional services. The property is offered at a reduced price of $499,000 and is available for owner/user investment. Its proximity to CHI Saint Joseph Health, Lexington Clinic, the University of Kentucky, downtown Lexington, and New Circle Road ensures high visibility and convenient access for patients and staff. The modified lease type offers flexibility for the new owner. This is a single-tenancy building, currently vacant, presenting a unique opportunity to customize the space to meet specific needs. The property's features and location make it an attractive investment opportunity in a thriving medical corridor.
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De Moss Karen L PhD Physician Medical Clinic
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Pain Management Medicine Medical Clinic
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Bluegrass Eyecare Center Medical Clinic Ophthalmologist
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Dr. Charles R. Bowers Jr, MD Ophthalmologist
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Ansari, Irfan MD Ophthalmologist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.