Entity Owned 
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Property summary
This exceptional Class A retail property, known as South Park Pad, boasts 220,000 square feet on a 34-acre lot in Lexington, Kentucky. Located at 3220 Nicholasville Rd, at the southeast quadrant of Nicholasville Road and New Circle Road, this multi-tenant property offers unparalleled visibility and accessibility. The property underwent a complete renovation in 2022, ensuring modern and efficient spaces for various businesses. Available spaces range from 7,000 to 43,560 square feet, catering… to a variety of needs, including junior box, big box, outlot, restaurant, bank, automotive, office, medical, and daycare uses. Its strategic location places it directly across from Lexington Green and Fayette Mall, the state's largest mall, ensuring high foot traffic and brand exposure. The center is already home to a flagship Academy Sports location and will soon welcome a Main Event location, solidifying its position as Lexington's premier retail destination. Fayette County zoning provides a stable and attractive investment opportunity. This property presents a unique chance to establish or expand your business within a thriving retail environment. The property's size and flexibility make it ideal for a variety of retail concepts. Contact us today to learn more about the available spaces and leasing opportunities.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 222,168 SF
- Lot area
- 26.49 ac
- Year built
- 1978
- APN
- 14090700
- Zoning
- B-6P
- Assessed value · 2023
- $23,515,000
- Annual tax · 2023
- $290,786
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $290,786
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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