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Property profile

3061 Fieldstone Way Lexington, KY 40513

FOR LEASE
Strip malls
Property ID
US34-0450559
24,420 SF 2.26 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail property, Beaumont South Shoppes, located at 3061 Fieldstone Way in Lexington, KY 40513, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The single-story building, constructed in 1996, boasts a total of 24,420 square feet, with 1,673 square feet currently available for lease. The property sits on a 2.26-acre lot and is zoned B-3 - Highway Service Business, allowing for a variety of commercial uses. The building features ample parking with 125 spaces available for customers and employees. This thriving retail center is anchored by established businesses including Baskin Robbins, Edward Jones, Sahara, and Newport Cleaners, ensuring a consistent flow of customers. The available space is ideal for end-cap retail or office use, offering excellent exposure and accessibility. The spaces range from approximately 1,575 to 1,673 square feet, providing flexibility for various business needs. This is a rare opportunity to establish your business in a well-established and highly visible location within a successful retail complex. Don't miss out on this chance to join a thriving community of businesses in a high-traffic area of Lexington.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Total area 24,420 SF
Lot 2.26 ac (98,446 SF)
Zoning code B-3
APN 19302210
UPID US34-0450559

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Gym & Fitness Center
  • Insurance Agency
  • Restaurant
  • Take-out & Catering

Location

3061 Fieldstone Way Lexington, KY 40513
Lexington metro Census 4208 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.68M

Owner & transaction history

since 2023
Last sale
$9.4M
1 recorded transaction
2023
$9.4M

Zoning & alternative use

B-3 · Lexington, KY
Zoning description

ional parking regulations.) (d) Screening. Landscaping and screening shall be provided as required in Article 18 . (e) Lot, Yard, and Height Requirements. Lot and yard requirements shall be as for the Corridor Business (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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