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    2333 Alexandria Dr Lexington, KY 40504
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    Property profile & analytics

    2333 Alexandria Dr Lexington, KY 40504


    • Office buildings
    • 18,700 SF
    • 1.89 lot acres
    Flexible Office Space in Lexington For Lease
    $400/Mo
    18,700 SF

    Flexible Office Space in Lexington

    Adaptable office solutions with utilities and internet included.

    2333 Alexandria Drive, Lexington, KY 40504
    View Listing
    Property ID
    US34-0617753
    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.

    Value Estimations
    $2,925,000
    Cap Rate Potential
    10%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • ArthroDynamic Technologies, Inc. / Veterinary Clinic
    • Digital Forensics / IT Consulting Firm / Tech Support Center
    • Adam Hires @ Hires Team / Loan Service / Bank
    • Taylor Court Reporters Kentucky / Law Firm
    • MetaMAP Inc. / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 2333 Alexandria Dr

    Year built
    1998
    Lot size
    1.89 lot acres
    Property size
    18,700 SF
    Zone code
    P-1
    Property type
    Office buildings
    APN
    20018160
    APU
    20018160

    Description

    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 and leather seating. Amenities include elevators and a state-of-the-art videoconferencing studio, perfect for local and remote collaborations. The building's location provides excellent access to transportation links and Blue Grass Airport, making it an ideal location for businesses seeking convenient access to Kentucky's business opportunities. The property is suitable for executive offices, coworking spaces, creative offices, and traditional office setups, catering to diverse business needs. This multiple-tenancy building offers a blend of modern convenience and classic elegance, providing a sophisticated and productive work environment. The property's prime location in Lexington, Kentucky, offers businesses a strategic advantage within the region.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,235,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,715,000
      6.5%
      $3,430,000
      7%
      $3,185,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,950,000
      Market price range: $1.93M - $4.22M
      AI Estimate
      $2,950,000
      Market price range: $1.93M - $4.22M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,115,000
      Current use
      COMMERCIAL (GENERAL)
      $4,150,000
      Change: +33% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $4,130,000
      Change: +33% Conversion: Easy
      MEDICAL BUILDING
      $3,845,000
      Change: +24% Conversion: Easy
      RETAIL STORES
      $3,635,000
      Change: +17% Conversion: Moderate
      WAREHOUSE, STORAGE
      $3,265,000
      Change: +5% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5512
    Latitude
    38.0189
    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
    $27,070
    $0.00
    $0.00
    $2,189,100
    -
    $0.00
    $0.00
    $2,189,100
    View Listing
    More about this property
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