Financial
Distress signals
Property profile

1055 Dove Run Rd Lexington, KY 40502

FOR LEASE
Medical Office Space
Property ID
US34-0652946
8,084 SF 0.52 ac lot Built 1972
Last sale Aug 2022 · $1,520,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

1055 Dove Run Road is a two-story, multi-tenant office building located off Tates Creek Road in the Southeast corridor of Lexington, inside New Circle Road, on Dove Run Road across from the Lansdowne Shoppes. The building is anchored by a Concentra Urgent Treatment Center and includes twelve small office units on the second floor. Tenant access is provided on a 24/7 basis. Parking includes a 28-space lot plus 2 additional handicap spaces for tenant use. The property sits on a 0.52-acre lot, and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$19k
Tax billed · 2023
Assessed value$1.52M
Effective rate1.24%

Value estimate

· Sep 2026
$2.09M
$1.88M – $2.29M
CAP approach$1.32M
Sales comparison$2.18M
NOI build-up
Gross scheduled income$152k
Vacancy & credit loss−$12k
Operating expenses−$56k
NOI · 20,854.84% cap applied$84k

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?
20,854.84%
$84k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon20.8
Building Supply19.1
Law Firm18.9

Location

1055 Dove Run Rd Lexington, KY 40502
County assessor Recorded deeds · 2 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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