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Property profile & analytics

2200 War Admiral Way Lexington, KY 40509-2499

  • Retail space
  • 10,224 SF
  • 11.68 lot acres
OFF-MARKET
Value Estimations
$3,040,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US34-0615856
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.

Current Use by Public Records

  • Shanghai Bistro / Restaurant
  • Vinaigrette Salad Kitchen / Take-out & Catering
  • Boot Barn / Clothing & Fashion Store
  • Stuartos Olive Oil Company / Grocery & Convenience Store / Food Market
  • Hobby Lobby / (Bike/Boat/Book/etc) Store

Property Details for 2200 War Admiral Way

Year built
2014
Lot size
11.68 lot acres
Property size
10,224 SF
Zone code
B-6P
Property type
Retail space
APN
38214500
APU
38214500

Description

This exceptional 4,022 square foot retail endcap space is ideally located in the thriving Hamburg Place shopping center in Lexington, Kentucky. Situated near major retailers like Walmart and Lowe's, this property boasts unparalleled visibility from Winchester Road, a thoroughfare with an average daily traffic count of 37,200 vehicles. The strategic location within Hamburg Place, a regional development encompassing over 3 million square feet of retail space, 160 acres of office space, and 1,200 acres of residential development, ensures high foot traffic and significant brand exposure. The property benefits from its proximity to I-75, a major interstate highway with an impressive average daily traffic count of 76,583 vehicles. This endcap space offers excellent signage opportunities, maximizing visibility for your business. The surrounding area includes a diverse mix of established national retailers such as Hobby Lobby, Sportsman's Warehouse, Boot Barn, First Watch, Chipotle, and Smashing Tomato, creating a vibrant and attractive shopping destination. The entire space is currently vacant, presenting a unique opportunity for a business seeking immediate occupancy in a prime retail location. The property is located in Fayette County and has convenient access via Sir Barton Way. This is a rare opportunity to establish a strong presence in a high-demand retail area with exceptional visibility and access to a large customer base.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $3,048,000
    Market price range: $1.11M - $3.05M
    AI Estimate
    $3,030,000
    Market price range: $1.11M - $3.03M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $1,985,000
    Current use
    AUTO REPAIR, GARAGE
    $3,735,000
    Change: +88% Conversion: Difficult
    RESTAURANT
    $3,335,000
    Change: +68% Conversion: Easy
    COMMERCIAL (GENERAL)
    $2,270,000
    Change: +14% Conversion: Easy
    APARTMENT HOUSE (5+ UNITS)
    $2,260,000
    Change: +14% Conversion: Difficult
    MEDICAL BUILDING
    $2,105,000
    Change: +6% Conversion: Difficult
    OFFICE BUILDING
    $2,015,000
    Change: +1% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.427
Latitude
38.0397
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
$142,497
$0.00
$0.00
$11,800,000
-
$0.00
$0.00
$11,800,000
More about this property
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