Property profile

130 Lucille Dr Lexington, KY 40511

OFF-MARKET
Commercial land
Property ID
US34-0163744
1.66 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 13,400-square-foot retail space is located at 130 Lucille Dr, Lexington, KY 40511, within the vibrant Villages at Great Acres development. The property boasts a single-tenant occupancy and is fully vacant, presenting a unique opportunity for immediate customization and branding. The Villages at Great Acres is a 60-acre mixed-use development strategically situated within a thriving community, surrounded by townhomes, apartments, and attractive green spaces, including a water feature. Its convenient location offers excellent visibility and accessibility, benefiting from direct connection to the large Masterson Station neighborhood. Furthermore, this prime location is part of the new Town Branch Trail, providing easy access to downtown Lexington. The property features ample parking with 113 spaces available for customers and employees. The zoning designation is B-3, offering flexibility for a variety of retail uses. The property's APN is 22503300, and it is located in Fayette County. This is an unparalleled opportunity to establish a strong retail presence in a rapidly growing area of Lexington. The substantial square footage and prime location make this property ideal for a variety of retail businesses seeking high visibility and convenient access for their customers.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.66 ac (72,310 SF)
Zoning code B-3
APN 38292090
UPID US34-0163744

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Restaurant

Location

130 Lucille Dr Lexington, KY 40511-8651
Lexington metro Census 3703 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Zoning & alternative use

B-3 · Lexington, KY
Zoning description

ional parking regulations.) (d) Screening. Landscaping and screening shall be provided as required in Article 18 . (e) Lot, Yard, and Height Requirements. Lot and yard requirements shall be as for the Corridor Business (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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