2240 Gulfstream Dr Lexington, KY 40504-3272
- Specialty properties
- 2.57 lot acres
Apr 18, 2025
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
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,465,000
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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