Entity Owned Property summary
This exceptional 3,112 square foot office space, located at 3174 Custer Drive in Lexington, Kentucky, is available for lease at $3,500 per month. Situated on a 0.74-acre lot in Fayette County, this two-story, 1979-built building offers a highly desirable location with convenient access to Man O' War Boulevard, Richmond Road, and I-75. The second-floor suite boasts a private entrance, dedicated parking, and elevator access. Inside, you'll find multiple private offices perfect for individual work or collaborative settings, a spacious waiting room ideal for clients, a large conference room for meetings, private restrooms for added convenience, and a well-equipped kitchenette/breakroom. The flexible layout caters to a variety of businesses, making it particularly suitable for medical or counseling practices. The P-1 zoning ensures a wide range of permitted uses. This property offers a blend of functionality, privacy, and accessibility within a thriving commercial area, providing easy access to numerous amenities including dining, banking, and retail establishments. The space is currently vacant and ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Pediatrician Physician
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Medical Clinic
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Pediatrician Physician
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Psychotherapist
Location
Value estimations
Owner & transaction history
Zoning & alternative use
2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
P-1 · Lexington, KY2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for P-1 in Lexington, KY.
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