2210 Georgetown Rd Lexington, KY 40511-9072
Property Lookup
Property profile & analytics
2210 Georgetown Rd Lexington, KY 40511-9072
- Commercial land
- 22.70 lot acres
Property ID
US34-0567301
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
- Publix Super Market at Citation Point / Grocery & Convenience Store / Food Market
Property Details for 2210 Georgetown Rd
- Lot size
- 22.70 lot acres
- Zone code
- B-3
- Property type
- Commercial land
- APN
- 38033340
- APU
- 38033340
Description
This exceptional investment opportunity presents a 1,900 square foot, absolute NNN ground lease with Fifth Third Bank, a nationally recognized financial institution (NASDAQ: FITB), located at 2210 Georgetown Rd, Lexington, KY 40511. The 15-year lease, commencing December 15, 2024, and expiring December 15, 2039, includes 10% rent increases every five years. The property boasts a strong 4.85% cap rate and a net operating income (NOI) of $110,000. Situated on a 0.9-acre lot, this newly constructed (2025) bank features a drive-thru for enhanced customer convenience. The property is an outparcel to a thriving 25-acre Publix-anchored retail development, sharing space with notable tenants such as Chipotle, Panda Express, and Wendy's, among others. This prime location benefits from high traffic counts, with direct access to 45,043 vehicles daily from two signalized intersections and proximity to I-64's off-ramp (107,297 vehicles daily). The surrounding area showcases a strong demographic profile, with an average household income exceeding $99,521 within a one-mile radius, projected to increase significantly by 2029. The property's proximity to the University of Kentucky and downtown Lexington further enhances its appeal. This is a low-management, passive investment opportunity backed by a corporate guarantee, ideal for 1031 exchange purposes. The property is available for $2,269,000.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5105
- Latitude
- 38.0947
- 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
$219
$0.00
$0.00
$4,994,000
-
$0.00
$0.00
$4,994,000
