Technical
Financial
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Property profile

171 Lowry Ln Lexington, KY 40503

OFF-MARKET
Community centers
Property ID
US34-0618232
31,840 SF 3.04 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,217 square foot single-tenant suite, identified as Suite 145, presents a remarkable opportunity in Lexington, Kentucky. Located at 171 W Lowry Ln, 40503, this property boasts a highly desirable location within Fayette County, situated conveniently alongside established retailers TJ Maxx and Five Below, ensuring high visibility and foot traffic. The space is currently available for sublease and is ideally suited for a variety of uses, including medical offices, retail establishments, or general office space. The property is classified as both retail and office, offering flexibility for diverse business needs. Its single-tenant occupancy provides a streamlined and efficient operational environment. The property's prime location in Lexington, combined with its versatile layout and convenient access, makes it an exceptional investment opportunity for businesses seeking a thriving and visible presence in a bustling commercial area. The suite's size and configuration offer ample space for a variety of layouts and operational needs. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Total area 31,840 SF
Lot 3.04 ac (132,422 SF)
Zoning code B-6P
APN 10017840
UPID US34-0618232

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
  • Restaurant
  • Cafe & Coffee Shop
  • Physician
  • (Bike/Boat/Book/etc) Store
  • Alternative Medicine Practice

Location

171 Lowry Ln Lexington, KY 40503-3018
Lexington metro Census 2800 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Zoning & alternative use

B-6P · Lexington, KY
Zoning description

Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major…

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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