151 W Zandale Dr Lexington, KY 40503
Property Lookup
Property profile & analytics
151 W Zandale Dr Lexington, KY 40503
- Retail space
- 12,000 SF
- 1.29 lot acres
Property ID
US34-0559717
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.
Location Intelligence
Current Use by Public Records
- Ramsey's Diner - Zandale / Restaurant
- F45 Training South Lexington / Gym & Fitness Center
Property Details for 151 W Zandale Dr
- Year built
- 2014
- Lot size
- 1.29 lot acres
- Property size
- 12,000 SF
- Zone code
- B-1
- Property type
- Retail space
- APN
- 11075125
- APU
- 11075125
Description
West Zandale Plaza, located at 151 W Zandale Dr, Lexington, KY 40503, offers exceptional office space in a vibrant South Lexington location. This Class A, single-story building, constructed in 2014, totals 12,000 square feet and sits on a 1.29-acre lot. The property features a mix of executive, medical, and creative office spaces, with multiple suites available. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 2,380 square feet, making it suitable for a variety of businesses. The building boasts 65 parking spaces (a ratio of 1 space per 185 square feet), providing ample parking for tenants and their clients, with overflow parking also available. Currently, 3,880 square feet of space is vacant. The property is zoned B-1, Neighborhood Business, and enjoys high visibility and accessibility with direct access to a signalized intersection off Nicholasville Road, experiencing approximately 32,638 average daily traffic counts. Its convenient location near hospitals, universities, and downtown Lexington makes it an attractive option for businesses seeking a central location. The building is served by electric power and does not include elevators. The property's Building Floor Area Ratio (FAR) is 21.2. This exceptional property presents a unique opportunity for businesses seeking high-quality office space in a thriving area of Lexington.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,777,000
- AI Estimate
- $2,768,000
Market price range: $1.30M - $3.58MMarket price range: $1.30M - $3.56M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,330,000 Current use
- AUTO REPAIR, GARAGE
- $4,385,000 Change: +88% Conversion: Difficult
- RESTAURANT
- $3,915,000 Change: +68% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,665,000 Change: +14% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,650,000 Change: +14% Conversion: Difficult
- MEDICAL BUILDING
- $2,470,000 Change: +6% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,095,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5188
- Latitude
- 38.0093
- 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
$22,818
$0.00
$0.00
$1,845,200
-
$0.00
$0.00
$1,845,200
