Financial
Distress signals
Property profile

1636 Nicholasville Rd Lexington, KY 40503

OFF-MARKET
Medical Office Space
Property ID
US34-0426972
9,804 SF 0.98 ac lot Built 1964
Last sale Jan 2019 · $130,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a medical office space configured for dental use, occupying 1,500 square feet on the first floor. The interior layout includes a reception area, five dental stations, additional work areas, and a private office with a half bath. A full basement is included as part of the premises, providing supplementary area for the space. The property is located at 1636 Nicholasville Rd in Lexington, Kentucky, and is designated with P-1 zoning.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$975k
Effective rate1.24%

Value estimate

· Sep 2026
$1.40M
$1.26M – $1.53M
Submarket $/SF estimate$1.40M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$206/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$121 – $283

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
P-1
The intent of this zone is to provide for offices and related professional uses, Retail sales are prohibited except where directly relate...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.9
Realty agency19.0
Building Supply17.8

Location

1636 Nicholasville Rd Lexington, KY 40503-1432
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1713 Nicholasville, Lexington, KY 40503-1403 $1,190,000 Jan 2026 5,190 SF
1701 Nicholasville, Lexington, KY 40503-1458 $1,050,000 Apr 2021 6,080 SF
2537 Larkin, Lexington, KY 40503-3201 $1,300,000 Jul 2020 9,680 SF
2432 Regency, Lexington, KY 40503-2989 $1,600,000 Sep 2019 18,063 SF
2351 Huguenard, Lexington, KY 40503-3014 $1,175,000 Sep 2019 9,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1636 Nicholasville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message