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    132 Southland Dr Lexington, KY 40503-1924
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    Property profile & analytics

    132 Southland Dr, Lexington, KY 40503-1924

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    • Retail space
    • 7,200 SF
    • 0.29 lot acres
    Off-Market
    Last Sale May 1, 2024
    $700,000
    Property ID
    US34-0407672
    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.

    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Precision Vapor / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
    • Drum Center of Lexington / (Bike/Boat/Book/etc) Store
    • Cannatrait / Association Or Organization
    • Kristopher Winders / Physician
    • Ink Addiction Tattoos, LLC / Tattoo & Piercing Shop

    Property Details for 132 Southland Dr

    Year built
    1976
    Lot size
    0.29 lot acres
    Zone code
    B-1
    Property type
    Retail space
    APN
    13036700
    APU
    13036700

    Description

    This exceptional property at 132 Southland Drive in Lexington, Kentucky, offers a unique blend of retail and office space, currently undergoing a complete renovation. Located in the vibrant Southland neighborhood, this building enjoys excellent visibility and accessibility due to its proximity to Nicholasville Road. The renovation will significantly enhance both the exterior and interior aesthetics, attracting a diverse clientele. The flexible floor plan allows for various business configurations, catering to both retail and traditional office needs. Five individual spaces are available, ranging in size from a minimum of 1,200 square feet to a maximum of 6,000 square feet, spread across the first and second floors. The asking rate is $2,400 per month on a modified gross lease. This prime location within a thriving community presents a compelling opportunity for businesses seeking high visibility and convenient access. The property is situated in Fayette County, Kentucky, with a zip code of 40503. The building's updated design will increase visibility and attract a wide range of customers, making it an ideal location for a variety of businesses. This is a multi-tenant property offering a range of unit sizes to suit various business needs.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $700,000
      ML approach
      $700,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $947,000
      Market price range: $778k - $2.15M
      AI Estimate
      $944,000
      Market price range: $778k - $2.13M

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


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.519
    Latitude
    38.0118
    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
    $7,788
    $0.00
    $0.00
    $629,800
    -
    $0.00
    $0.00
    $629,800
    More about this property
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