Property profile

153 Prosperous Pl Ste 1a Lexington, KY 40509

OFF-MARKET
Other office properties
Property ID
US34-0518896
717 SF Built 1984
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a second-floor office condominium unit in Lexington, Kentucky, providing parking at the building entrance. It is located near Man O’ War Blvd and Richmond Road and is zoned P-1. The unit contains approximately 714 square feet of space with a reception area, three private offices, and an additional room suitable for use as a break room or flexible space. The building includes a monthly condo fee structure that covers all expenses except electricity.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 1984
Total area 717 SF
Zoning code P-1
APN 20014090
UPID US34-0518896

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
  • Loan Service Bank
  • Employment Agency Business Service Center
  • Spa & Massage Center
  • Medical Clinic Skin Care Clinic
  • Loan Service Bank

Location

153 Prosperous Pl Ste 1a Lexington, KY 40509-2182
Lexington metro Census 3912 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$125k

Owner & transaction history

Zoning & alternative use

P-1 · Lexington, KY
Zoning description

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…

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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