Financial
Distress signals
Property profile

1065 Dove Run Rd Lexington, KY 40502

FOR LEASE
Office buildings
Property ID
US34-0456812
8,400 SF 0.49 ac lot Built 1979
Last sale Mar 2024 · $660,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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 at 1065 Dove Run Road, Suite 6, Lexington, Kentucky comprises approximately 886 square feet of interior space configured as an open studio area of about 900 square feet plus two individual offices. It is located off Tates Creek Road near the New Circle Road exit, providing access to Interstate routes and downtown Lexington, and is situated near schools, restaurants, and other businesses. The suite is served by electricity and water utilities that are included with the space.

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?
$8k
Tax billed · 2023
Assessed value$672k
Effective rate1.24%

Value estimate

· Sep 2026
$660k
$594k – $726k
AI approach$660k
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$26k
Operating expenses−$31k
NOI · 7,824.58% cap applied$94k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$186/SF
Submarket average, outlier-cleaned · 295 recorded sales of this use type
Observed band · Q1–Q3$124 – $276
Qualifying comparables5

Cap rate analysis

How does the asset earn?
7,824.58%
$94k 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
Law Firm18.9
Spa & Massage18.3

Location

1065 Dove Run Rd Lexington, KY 40502
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
403 Marquis, Lexington, KY 40502-2129 $525,000 Jun 2025 3,864 SF
307 Ashland, Lexington, KY 40502-1729 $375,000 Aug 2024 7,934 SF
3399 Tates Crk, Lexington, KY 40502-7400 $2,384,000 Dec 2021 15,600 SF
866 Malabu, Lexington, KY 40502-3404 $2,622,600 Apr 2020 17,516 SF
501 High, Lexington, KY 40502-6444 $1,825,000 Mar 2020 4,216 SF
869 High, Lexington, KY 40502-2150 $900,000 Dec 2018 6,650 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?”
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