125 Turner Cmns Lexington, KY 40508
The Commons, a vibrant 40-acre mixed-use development in Lexington, offers exceptional Class A office and retail spaces. This 30,000 square foot, two-story building, constructed in 2023, boasts flexible layouts ranging from 1,500 to 30,000 contiguous square feet, perfect for a variety of businesses. The property features multiple tenancies and is conveniently located off Main Street, providing easy access to major thoroughfares including I-75 and I-64, as well as Downtown Lexington and the Bluegrass Field Airport. The development's strategic location ensures seamless connectivity to the city center and surrounding areas. The site includes a PUD-3 zoning designation across 27 acres, allowing for diverse uses. Amenities include elevators. The property's design blends convenience and connectivity within a park-like setting, making it an ideal location for businesses seeking a premier address. The surrounding area includes an entertainment district with a mid-sized music/event venue. The development also offers short-term luxury rental accommodations. The property's APN is 20130900.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.