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    Property profile & analytics

    4055 Nichols Park Dr Lexington, KY 40503-4415

    • Outlet malls
    • 132,429 SF
    • 15.01 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0621674
    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.

    Current Use by Public Records

    • Lowe's ProServices / Building Materials Supplier
    • Lowe's Garden Center / Garden Center
    • Installation Services / Contractor
    • Blue Rhino Propane Exchange / Propane Supplier
    • Lowe's Home Improvement / Building Materials Supplier / Grill Store

    Property Details for 4055 Nichols Park Dr

    Year built
    1998
    Lot size
    15.01 lot acres
    Property size
    132,429 SF
    Zone code
    B-3
    Property type
    Outlet malls
    APN
    38005540
    APU
    38005540

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5342
    Latitude
    37.9796
    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
    $85,325
    $0.00
    $0.00
    $6,900,000
    -
    $0.00
    $0.00
    $6,900,000

    Comparable in this City

    • Value Estimation by Request
      109,894 SF

      131 Reynolds Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 109,894 SF
      131 Reynolds Rd, Lexington, KY 40503-3599
      View Details
    • Value Estimation by Request
      196,147 SF

      4051 Nicholasville Rd

      SHOPPING CENTER, STRIP CENTER • 196,147 SF
      4051 Nicholasville Rd, Lexington, KY 40503-4447
      View Details
    • Value Estimation by Request
      12,787 SF

      2434 Nicholasville Rd

      SHOPPING CENTER, STRIP CENTER • 12,787 SF
      2434 Nicholasville Rd, Lexington, KY 40503-3107
      View Details
    • Value Estimation
      $2,215,000
      5,455 SF

      124 Burt Rd

      SHOPPING CENTER, STRIP CENTER • 5,455 SF
      124 Burt Rd, Lexington, KY 40503-2411
      View Details
    • Value Estimation by Request
      11,840 SF

      2380 Norman Ln

      SHOPPING CENTER, STRIP CENTER • 11,840 SF
      2380 Norman Ln, Lexington, KY 40503-3011
      View Details
    • Value Estimation by Request
      24,900 SF

      3330 Partner Pl, Unit 3344

      SHOPPING CENTER, STRIP CENTER • 24,900 SF
      3330 Partner Pl, Lexington, KY 40503-3575
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Center on Nicholasville Road

      Retail spaces available in a high-traffic shopping center.
      3220 Nicholasville Rd, Lexington, KY 40503
      View Details
    • Contact for pricing

      Retail Outlots in Lexington Center

      Retail/office center with outlots and leasing opportunities available.
      3330 Keithshire Way, Lexington, KY 40503
      View Details
    • $1,290,000
      11,903 SF

      Nicholasville Road Bank Branch

      11,903 SF bank branch on 1.05 AC for sale.
      2020 Nicholasville Rd, Lexington, KY 40503
      View Details
    • $799,000
      0.47 Acres

      Commercial Corner Lot on Southland

      Corner lot on a busy corridor, suitable for various businesses.
      216 Southland Dr, Lexington, KY 40503
      View Details
    • $749,900
      Pending

      Profitable Restaurant Franchise Opportunity

      Wing Zone franchise for sale with equipment included.
      351 Southland Dr, Lexington, KY 40503
      View Details
    • Contact for pricing

      Retail Space Near Fayette Mall

      Retail spaces for sale near Fayette Mall in Lexington, KY.
      3851 Mall Rd, Lexington, KY 40503
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      40,000 SF

      Tiverton Shoppes Retail Center

      Lexington Retail Strip Center, 14 Suites
      130 Tiverton Way, Lexington, KY 40503
      View Details
    • $22 SF/Yr
      189,418 SF

      Regency Centre Retail Space Available

      Lexington Retail Center, High Traffic Area
      2325 Nicholasville Rd, Lexington, KY 40503
      View Details
    • $10 SF/Yr
      104,974 SF

      Keithshire Place: Lexington Office Space

      Prime Lexington Office & Retail Center
      3320 Partner Pl, Lexington, KY 40503
      View Details
    • Contact for pricing
      1,190,985 SF

      Fayette Mall Retail Space

      Lexington, KY Shopping Center Opportunity
      3401 Nicholasville Rd, Lexington, KY 40503
      View Details
    • $14 SF/Yr
      324,958 SF

      Retail Space in Stonewall Center

      Neighborhood shopping center retail space for lease in Lexington, KY.
      3101 Clays Mill Rd, Lexington, KY 40503
      View Details
    • $26 SF/Yr
      12,000 SF

      West Zandale Plaza: Office Suites for Lease

      Lexington Office Space: Prime Location, Flexible Sizes
      151 Zandale Dr, Lexington, KY 40503
      View Details

    Property Visit Statistics

    • Visits by month
      70.5k
    • Visitors by month
      44.2k
    • Avg Time on site
      24 min
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    Lexington, KY 40503-4415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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