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Financial
Distress signals
Property profile

151 N Eagle Creek Dr Lexington, KY 40509

FOR SALE
Office buildings
Property ID
US34-0633107
29,108 SF 1.48 ac lot Built 2000
Last sale Oct 2025 · $1,870,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two Class B, four-story office buildings located in the North Eagle Creek Professional Office Park at 151 and 161 North Eagle Creek Drive in Lexington, Kentucky, situated on a combined approximately 3.51-acre site. The 151 North Eagle Creek Drive building (built in 2000) includes approximately 36,421 square feet above grade, approximately 31,472 square feet of gross leasable area above grade, and approximately 7,313 square feet below grade on approximately 1.48 acres.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$39k
Tax billed · 2023
Assessed value$3.15M
Effective rate1.24%

Value estimate

· Oct 2026
$1.83M
$1.64M – $2.01M
Submarket $/SF estimate$4.35M
NOI build-up
Gross scheduled income$675k
Vacancy & credit loss−$61k
Operating expenses−$246k
NOI · 1,944,179.42% cap applied$368k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$197/SF
ZIP average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$130 – $282
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,944,179.42%
$368k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
P-1
The intent of this zone is to provide for offices and related professional uses, Retail sales are prohibited except where directly relate...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply32.2
Wholesale Shop25.8
Auto Parts Store23.4

Location

151 N Eagle Creek Dr Lexington, KY 40509
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2421 Fortune, Lexington, KY 40509-4126 $5,000,018 Jul 2025 25,063 SF
2416 Sir Barton, Lexington, KY 40509-2518 $2,865,000 Mar 2024 25,500 SF
2900 Palumbo, Lexington, KY 40509-1253 $5,979,400 Mar 2023 24,642 SF
2530 Sir Barton, Lexington, KY 40509-2745 $6,200,000 Sep 2022 32,452 SF
2376 Sir Barton, Lexington, KY 40509-2543 $3,100,000 Aug 2020 29,240 SF
2452 Sir Barton, Lexington, KY 40509-2549 $3,350,000 Jun 2019 25,752 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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