1701 Alexandria Dr 1785 Lexington, KY 40504-3149
This exceptional 2,000 square foot coworking space, located at 1701 Alexandria Dr, Unit C in Lexington, Kentucky, presents a fantastic opportunity for businesses seeking a versatile and adaptable workspace. Situated in Fayette County, this single-tenant office space is zoned B-1, offering flexibility for a range of commercial uses. The property features a welcoming reception area, a comfortable sitting room, nine individual rooms (previously used as patient rooms in a pediatric office), and two bathrooms. The layout is adaptable and can be easily modified to suit diverse business needs. The building is a Class C property, offering a cost-effective solution for businesses looking to establish a strong presence in Lexington. This prime location in the 40504 zip code provides convenient access to local amenities and transportation networks. The ample square footage provides room for growth and expansion, making this an ideal space for businesses of all sizes. This is a single-tenant space within a single-building complex, offering privacy and control over the workspace. The property's previous use as a pediatric office suggests a layout well-suited for businesses requiring multiple individual rooms or consultation spaces. This is a rare opportunity to secure a well-located, adaptable office space in a thriving Lexington community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Lexington, KYLexington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.