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Property profile & analytics
OFF-MARKET
Medical Office Space
107 Frazier Ct Georgetown, KY 40324-8973
Entity Owned
8-yr Hold
Free & Clear
Property ID
US34-1844114
Property summary
AI-generated overview
This exceptional commercial property, situated at 107 Frazier Court in Georgetown, Kentucky, presents a fantastic opportunity for businesses seeking high visibility and convenient access. The newly renovated office space boasts a desirable location just off Cherry Blossom Way, nestled between major retail giants Toyota and Walmart. This ensures significant foot traffic and excellent brand exposure. The 1.19-acre lot provides ample space, and the office itself is conveniently located on the second floor, easily accessible via elevator and stairs. The asking price is $1500. All utilities are included in the lease, providing significant cost savings: water, sewer, electricity, trash removal, and common area maintenance are all covered. This turnkey solution allows businesses to focus on their core operations without the added burden of utility management. The high-traffic area and strategic placement near established businesses make this property an ideal location for a variety of commercial ventures. Contact us today to arrange a viewing and explore the potential of this exceptional office space.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Total area
15,400 SF
Lot
1.19 ac (51,836 SF)
APN
189-10-022.000
UPID
US34-1844114
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
-
Dr. Stephen Cox Dental Office
-
Studio Salon Hair Salon Nail Salon
-
Kentucky Insurance Agents Insurance Agency
-
Intention Health and Wellness Medical Clinic
-
Dr. Kelley Bell Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bluegrass Professional Properties L · 8 yrs held
Bluegrass Professional Properties L
since 2018
2 recorded transactions
Zoning & alternative use
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 Georgetown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Georgetown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,454
Tax year 2023
Assessed value
$1,925,000
Assessed 2023
Previous assessed
$1,925,000
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,072,200
Assessed improvement
$852,800
Land market value
$1,072,200
Improvement market value
$852,800
Total market value
$1,925,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2001
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
15,400 SF
Lot
1.19 ac (51,836 SF)
APN
189-10-022.000
UPID
US34-1844114
Jurisdiction
SCOTT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.19 ac
Current owner
From public records · entity-resolved
Bluegrass Professional Properties L
Entity
Free & Clear · 8 yrs held
Mailing address
107 FRAZIER CT STE 2E, GEORGETOWN, KY 40324-9026
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2018
—
Bluegrass Professional Properties L
Sams Professional Properties LLC
Deed
—
Oct 29, 2007
$900,000
Sams Professional Properties LLC
First State Financial INC
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.
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