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Property profile & analytics
FOR LEASE
Office buildings

1792 Alysheba Way Lexington, KY 40509

75,420 SF 5.45 ac lot Built 2003
Entity Owned Free & Clear
Property ID
US34-0566952
1792 Alysheba Way, Lexington, KY 40509 For Lease
$23 SF/Yr 75,000 SF available
1792 Alysheba Way, Lexington, KY 40509
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Property summary
AI-generated overview

One Hamburg, located at 1792 Alysheba Way in Lexington, Kentucky, presents a prime opportunity for businesses seeking high-quality office space. This three-story, Class A building, constructed in 2003, boasts a total of 75,420 square feet situated on a 5.45-acre lot in Fayette County (zip code 40509). The property offers multiple tenancy options, with available spaces ranging from 1,192 to 3,705 square feet, suitable for various business needs including traditional office, medical office, coworking, executive office, and creative office uses. Its strategic corner location at the intersection of Man o' War and Alysheba Way provides exceptional visibility and accessibility, with convenient access to Interstates 75 and 64. The building benefits from ample on-site parking and professional management. Its proximity to Hamburg Place ensures easy access to a wide array of dining and shopping options. The building's high-quality construction and excellent monument signage make it a prestigious address in the rapidly developing Hamburg area. This is a truly exceptional opportunity to establish a presence in one of Lexington's most desirable commercial locations.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Total area 75,420 SF
Lot 5.45 ac (237,402 SF)
Zoning code P-1
APN 38089140
UPID US34-0566952
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Anna Pitcock - Stockton Mortgage Loan Service Bank
  • Dave Martin - Mutual of Omaha Insurance Agency
  • Stockton Mortgage Loan Service Bank
  • Ryan Montgomery - Mutual of Omaha Advisor Insurance Agency
  • Malissa Worrell - Mutual of Omaha Advisor Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.55M
Blend (final) Blend
$11.55M
Owner & transaction history
MADDEN FAMILY LLC NO 20
MADDEN FAMILY LLC NO 20
Zoning & alternative use
P-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $16.7M +12.7%
Apartment house (5+ units) $16.7M +12.2%
Medical building $15.5M +4.5%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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