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Property profile & analytics

112 Lucille Dr Lexington, KY 40511

  • Commercial land
  • 1.47 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US34-1111507
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Krispy Krunchy Chicken / Chicken Restaurant
  • Ramsey's Diner - Masterson Station / Restaurant
  • Biscuit Belly - Masterson Station / Breakfast Restaurant

Property Details for 112 Lucille Dr

Lot size
1.47 lot acres
Zone code
B-3
Property type
Commercial land
APN
38292080
APU
38292080

Description

The Villages at Great Acres offers a unique retail opportunity in Lexington, Fayette County. This single-tenant property boasts 12,201 total square feet, with 3,718 square feet currently vacant, presenting immediate occupancy potential. Situated on a substantial 60-acre lot, the property benefits from a B-3 zoning designation. The development is strategically located within a thriving community, surrounded by townhomes, apartments, and attractive green spaces, including a water feature. Its connection to the large Masterson Station neighborhood ensures high foot traffic and visibility. Furthermore, its proximity to the new Town Branch Trail, which links to downtown Lexington, provides additional accessibility and exposure. The property's APN is 22503300. This exceptional location offers a rare chance to establish a successful retail business in a rapidly growing area with strong community ties and convenient access to major transportation routes. The substantial lot size also presents opportunities for future expansion or development. This is an ideal location for businesses seeking high visibility and a strong customer base. The property's commercial outlot positioning within The Villages at Great Acres ensures prominent placement within a well-planned and attractive development.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.5503
Latitude
38.086
CBSA code
30460
CBSA name
LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,353
$0.00
$0.00
$517,500
-
$0.00
$0.00
$517,500
More about this property
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