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Property summary
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. The 161 North Eagle Creek Drive building (built in 2003) includes approximately 33,495 square feet above grade, approximately 30,597 square feet of gross leasable area above grade, and approximately 7,169 square feet below grade on approximately 2.03 acres. Together, the buildings total just under 84,400 square feet, with approximately 69,916 square feet above grade, and the property is zoned 200, with the buildings configured to allow for separate or combined use.
Property profile
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
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Physician
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Physician
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Law Firm
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Hospital
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 permit…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
P-1 · Lexington, KY2. 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 permit…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 permit…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for P-1 in Lexington, KY.
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