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Property profile & analytics
OFF-MARKET Estimated value $6,180,000
Medical Office Space

125 Maxwell St Lexington, KY 40508-2678

51,279 SF 1.21 ac lot Built 1998
Individually Owned 17-yr Hold Free & Clear
Property ID
US34-0669086
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1998
Total area 51,279 SF
Lot 1.21 ac (52,664 SF)
Zoning code P-1
APN 94038430
UPID US34-0669086
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
  • UK HealthCare Digestive Health Program Medical Clinic
  • UK Good Samaritan Medical Office Building Medical Clinic
  • UK Spine Disorders Clinic Medical Clinic
  • Wendy F. Hansen, MD Physician
  • Amit Bipin Patel, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.18M
Blend (final) Blend
$6.18M
Owner & transaction history
University Of Ky · 17 yrs held
University Of Ky
since 2009
1 recorded transaction
2009
$35.0M
Zoning & alternative use
P-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permitted in the P-1 and B-1 zone except for drive-through facilities. (d) Conditional Uses. The following shall be conditional uses in the MU-1 z…

Zone name Professional Office
General category COMMERCIAL
Zone area 2,004.90 ac
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