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Property summary
The property consists of two outparcel opportunities for ground lease or build-to-suit at Beaumont Centre in Southwest Lexington, Kentucky, located off New Circle Road and Harrodsburg Road within the established Beaumont neighborhood. The site is positioned within an active shopping center environment with co-tenants that include Kroger, Starbucks, and Tropical Smoothie Cafe, and additional national and local retailers. The surrounding area is characterized by dense residential development complemented by nearby retail, medical, office, and educational amenities, with convenient access to Harrodsburg Road, Man O’ War Boulevard, and New Circle Road. The outparcels are suited for a range of commercial uses, including retail, restaurant/QSR, medical, daycare, banking, and service-oriented businesses.
Property profile
VerifiedCap rate & NOI
Current use
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Travel Agency
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Travel Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-6P · Lexington, KYArticle 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-6P in Lexington, KY.
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