This Class A, 18,970 square foot office building, located at 2333 Alexandria Dr, Lexington, KY 40504, in Fayette County, offers a variety of flexible workspace solutions. The property features 350 total suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 6,510 square feet are available. Renovated in 2019, the building boasts classic style with stylish wooden furniture in the lobby and meeting rooms featuring large oak tables…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$27k

Tax billed · 2023

Assessed value$2.19M

Effective rate1.24%

Value estimate

· Oct 2026

$2.24M

$2.01M – $2.46M

CAP approach$3.43M

Submarket $/SF estimate$2.95M

NOI build-up

Gross scheduled income$337k

Vacancy & credit loss−$58k

Operating expenses−$70k

NOI · 1,045.15% cap applied$209k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?

$166/SF

ZIP average, outlier-cleaned · 21 recorded sales of this use type

Observed band · Q1–Q3$103 – $225

Qualifying comparables4

Cap rate analysis

How does the asset earn?

1,045.15%

$209k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

P-1

The intent of this zone is to provide for offices and related professional uses, Retail sales are prohibited except where directly relate...

General categoryCOMMERCIAL

JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply32.5

Restaurant32.0

Auto Repair Shop29.9

2333 Alexandria Dr Lexington, KY 40504

County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby

Address Sale price Sold Size

1256 Manchester, Lexington, KY 40504-1129 $1,100,000 Jun 2025 8,127 SF

2405 Harrodsburg, Lexington, KY 40504-3329 $2,100,000 Oct 2022 12,536 SF

2351 Versailles, Lexington, KY 40504-1664 $534,807 Apr 2022 3,844 SF

2429 Members, Lexington, KY 40504-3383 $2,430,000 Mar 2022 11,556 SF

1332 Old Frankfort, Lexington, KY 40504-1128 $4,300 Mar 2021 3,577 SF

1151 Red Mile, Lexington, KY 40504-2649 $633,400 Sep 2020 9,744 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,820,000

17,648 SF

1750 Alexandria Dr

OFFICE BUILDING

1750 Alexandria Dr, Lexington, KY 40504-3100

View Details
Value Estimation
$3,895,000

21,376 SF

2409 Members Way

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2409 Members Way, Lexington, KY 40504-3360

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Value Estimation
$2,490,000

24,156 SF

343 Waller Ave

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343 Waller Ave, Lexington, KY 40504-2912

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Value Estimation
$1,015,000

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1700 Alexandria Dr, Unit 1710

OFFICE BUILDING

1700 Alexandria Dr, Lexington, KY 40504-3148

View Details
Value Estimation
$1,015,000

9,840 SF

880 Sparta Ct

OFFICE BUILDING

880 Sparta Ct, Lexington, KY 40504-1155

View Details
Value Estimation
$1,940,000

8,599 SF

1201 Red Mile Rd

OFFICE BUILDING

1201 Red Mile Rd, Lexington, KY 40504-2648

View Details

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