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Property summary
This exceptional 0.69-acre commercial lot presents a unique investment opportunity in Lexington, Kentucky. Strategically located on Harrodsburg Road at 2097 Harrodsburg Rd, zip code 40504, this property boasts a B6-P Commercial Center zoning designation, offering a wide range of development possibilities. The existing building on the site comprises 528 square feet, providing potential for immediate use or redevelopment. Situated in Fayette County, this location benefits from excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The property's size and zoning provide ample flexibility for businesses seeking a prominent presence in a high-traffic area. With its prime location and versatile zoning, this land parcel represents a compelling investment opportunity for discerning buyers seeking to capitalize on Lexington's thriving commercial market. The latitude and longitude coordinates are 38.0260377 and -84.5383345 respectively. This single-tenancy property is ready for its next chapter.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Loan Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-6P · Lexington, KYArticle 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-6P in Lexington, KY.
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