1585 Mercer Rd Lexington, KY 40511-1261
Property profile & analytics
1585 Mercer Rd Lexington, KY 40511-1261
- Industrial properties
- 0.99 lot acres
Property ID
US34-0508171
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
- May Demolition / Construction Company / General Contractor
- Mefford Contracting / Construction Company / General Contractor
- Joseph Mefford / Physician
- Rapid Fire Home Buyers / Property Investment Company
- Handyman Connection of Lexington / Hardware & Home Improvement / General Contractor
Property Details for 1585 Mercer Rd
- Year built
- 2020
- Lot size
- 0.99 lot acres
- Zone code
- I-1
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 38018320
- APU
- 38018320
Description
This exceptional 3,500-square-foot flex space, located at 1585 Mercer Road, Suite 130, Lexington, KY 40511, presents a unique opportunity within a thriving industrial market. Part of a larger 13,135-square-foot building constructed in 2020 and renovated in 2021, this single-story unit offers a blend of modern office and warehouse space ideal for various businesses. The space boasts 2,250 square feet of contemporary office area featuring two private offices, a spacious open workspace, a convenient kitchenette, high ceilings, two restrooms, and polished concrete floors. Abundant natural light floods the office thanks to a large glass storefront. The 1,250-square-foot warehouse component includes a 14-foot drive-in door and impressive 19- to 21-foot clear ceiling height, providing ample room for storage and operations. Situated on a 0.99-acre lot, the property is zoned I-1 and benefits from its location less than a mile from New Circle Road via Georgetown Road, ensuring easy access to major transportation routes. The building features a total of 13,135 square feet, with a minimum divisible space of 3,500 square feet. This property is perfect for businesses seeking a high-quality, well-maintained space in a prime Lexington location. The APN is 38018320.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5203
- Latitude
- 38.0759
- 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
$7,481
$0.00
$0.00
$605,000
-
$0.00
$0.00
$605,000
