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Property profile & analytics
FOR LEASE
Office buildings
1065 Dove Run Rd Lexington, KY 40502
Entity Owned
2-yr Hold
Free & Clear
Property ID
US34-0456812
For Lease
1 / 7
$1,250/Mo
1065 Dove Run Rd, Lexington, KY 40502
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
8,400 SF
Lot
0.49 ac (21,344 SF)
Zoning code
P-1
APN
13517600
UPID
US34-0456812
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Croley Family & Cosmetic Dentistry Dental Office
-
Croley Family & Cosmetic Dentistry: Croley Matthew DDS Dental Office
-
Weinberg David A Law Firm
-
Dry Stone Conservancy Charitable Organization Social Service Agency
-
Energy Associates Inc Oil & Natural Gas Company Compressed Natural Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Epmd Dove Run LLC · 2 yrs held
Epmd Dove Run LLC
since 2024
Last sale
$660,000
5 recorded transactions
Zoning & alternative use
P-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $660k (Mar 28 2024)
Last sale anchor
$660k
Mar 28 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$79 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,310
Tax year 2023
Assessed value
$672,000
Assessed 2023
Previous assessed
$672,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Total market value
$672,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1979
Heating
YES
Cooling
WINDOW A/C
Stories
3
Total area
8,400 SF
Lot
0.49 ac (21,344 SF)
Zoning code
P-1
APN
13517600
UPID
US34-0456812
Jurisdiction
FAYETTE
Zoning & alternative use
P-1 · Lexington, KY
Zoning P-1 · permitted uses
P-1 · Lexington, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
YES
Cooling
Yes
Stories
3
Lot
0.49 ac
Current owner
From public records · entity-resolved
Epmd Dove Run LLC
Entity
Free & Clear · 2 yrs held
Mailing address
707 W BRANNON RD, NICHOLASVILLE, KY 40356-6030
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2025
—
Epmd Dove Run LLC
—
Deed
related
$500,000 · City National Bank Of West Virginia
Mar 28, 2024
$660,000
Epmd Dove Run LLC
Zapps LLC
Deed
—
Sep 18, 2023
—
Zapps LLC
—
Deed
related
$300,000 · Hslc
Dec 27, 2019
—
Zapps LLC
—
Deed
related
$200,000 · German American Bk
Mar 27, 2019
$672,000
Zapps LLC
Lee Brown Ewing
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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