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Property profile & analytics

2240 Gulfstream Dr Lexington, KY 40504-3272

  • Specialty properties
  • 2.57 lot acres
OFF-MARKET
Last Sale
Apr 18, 2025
$2,550,000
Value Estimations
$2,465,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US34-0465230
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

  • Specialty properties

Property Details for 2240 Gulfstream Dr

Year built
1976
Lot size
2.57 lot acres
Zone code
P-1
Property type
Specialty properties
APN
10046540
APU
10046540

Description

This exceptional investment opportunity presents two Class A office buildings totaling 33,560 square feet of net rentable space situated on a 2.581-acre lot in Lexington, Kentucky. The property, located at 2240 Gulfstream Drive, comprises two buildings constructed in 1976. One building offers 18,000 square feet across two stories, including a 6,000-square-foot finished basement. The second building encompasses 15,560 square feet, featuring 1.5 stories and a 3,000-square-foot finished basement. Both buildings boast efficient layouts with a mix of private offices, conference rooms, and open workspaces. Amenities include ample parking (122 spaces), elevators, a modern access badge control system, and a sprinkler system. The property is zoned P-1 and benefits from excellent visibility and signage. This prime location offers easy access to New Circle Road, the University of Kentucky, major healthcare systems, Bluegrass International Airport, and numerous dining, shopping, and banking options along Harrodsburg Road. The property is offered for sale as a portfolio or individually, subject to a minor subdivision plat and required approvals. The asking price is $3,655,000, translating to $108.91 per square foot. This represents a rare opportunity to acquire a well-maintained, Class A office complex in a highly desirable Lexington submarket.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,465,000

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


Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.5502
Latitude
38.0199
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
$0.00
$0.00
$0.00
$3,826,200
-
$0.00
$0.00
$3,826,200
More about this property
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