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Property profile

166 Pasadena Dr Lexington, KY 40503

OFF-MARKET
Medical Office Space
Property ID
US34-0412551
12,096 SF 1.15 ac lot Built 1987
Last sale Jul 2023 · $1,675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A single-story medical office building totaling approximately 12,096 square feet, configured for medical and clinical use. The interior layout includes a reception and waiting area, nursing stations, private exam rooms, administrative offices, patient and employee restrooms, an x-ray radiation room, and a kitchenette in each suite. The property provides on-site parking for 65 vehicles with vehicle access from both Pasadena Drive and Dennis Drive. The building has historically been leased to two…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$1.56M
Effective rate1.09%

Value estimate

· Oct 2026
$2.24M
$2.01M – $2.46M
CAP approach$2.10M
Submarket $/SF estimate$2.23M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$206/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$121 – $283

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.1
Electrical Service11.3
Catering Service9.4

Location

166 Pasadena Dr Lexington, KY 40503-2973
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1701 Nicholasville, Lexington, KY 40503-1458 $1,050,000 Apr 2021 6,080 SF
2537 Larkin, Lexington, KY 40503-3201 $1,300,000 Jul 2020 9,680 SF
2432 Regency, Lexington, KY 40503-2989 $1,600,000 Sep 2019 18,063 SF
2351 Huguenard, Lexington, KY 40503-3014 $1,175,000 Sep 2019 9,120 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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