177 Burt Rd Lexington, KY 40503-2457
Property profile & analytics
177 Burt Rd, Lexington, KY 40503-2457
- Medical Office Space
- 13,950 SF
- 1.33 lot acres
Property ID
US34-0631082
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
- Lexington dermatology / Corporate Office
- Dr. John G. Roth / Physician
- Rebecca R. Davies, APRN / Physician
- CALEB ROWE / Physician
- Beebe III Morris w MD / Physician / Medical Clinic
Property Details for 177 Burt Rd
- Year built
- 1985
- Lot size
- 1.33 lot acres
- Zone code
- P-1
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 12824004
- APU
- 12824004
Description
This single-story, 13,004 square foot Class B medical/office building in Lexington, Kentucky, offers a fantastic opportunity for businesses seeking flexible space. Located at 177 Burt Road, this property boasts 8,670 square feet of immediately available space, divisible down to 4,335 square feet, with a maximum contiguous space of 8,670 square feet. The building sits on a 1.33-acre lot and is zoned P-1, Professional Office, making it ideal for a variety of medical and professional office uses. Its convenient location offers easy access to major thoroughfares, including Nicholasville Road. The property is situated less than half a mile from Baptist Health Hospital, two miles from the University of Kentucky campus, three miles from downtown Lexington, and five miles from Blue Grass Airport, ensuring high visibility and accessibility for clients and employees. Amenities in the immediate vicinity include retail, restaurants, and other office and medical spaces. The building itself is a single-story structure with no elevators. This exceptional location and flexible space make this property a highly desirable option for businesses seeking a prominent presence in a thriving Lexington market. Inquire today to learn more about leasing options.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,810,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,620,000
- 6.5%
- $2,415,000
- 7%
- $2,245,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,222,000
- AI Estimate
- $3,222,000
Market price range: $1.68M - $3.95MMarket price range: $1.68M - $3.95M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,870,000 Current use
- COMMERCIAL (GENERAL)
- $3,095,000 Change: +8% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $3,080,000 Change: +7% Conversion: Moderate
- RETAIL STORES
- $2,710,000 Change: -6% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,435,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5214
- Latitude
- 38.0081
- 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
$27,824
$0.00
$0.00
$2,250,000
-
$0.00
$0.00
$2,250,000
