4071 Tates Crk Ctr Dr Lexington, KY 40517-3062
Property profile & analytics
4071 Tates Crk Ctr Dr Lexington, KY 40517-3062
- Office buildings
- 32,124 SF
- 2.19 lot acres
Property ID
US34-0412565
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.
Location Intelligence
Current Use by Public Records
- Tates Creek Dental / Dental Office
- Kochis Orthodontics / Dental Office
- Edward Jones - Financial Advisor: Allen E Dummitt / Financial Advisor
- James M. Francis - Attorney at Law / Law Firm
- Leslie Jr Louis C DDS / Dental Office
Property Details for 4071 Tates Crk Ctr Dr
- Year built
- 1989
- Lot size
- 2.19 lot acres
- Property size
- 32,124 SF
- Zone code
- P-1
- Property type
- Office buildings
- APN
- 10033740
- APU
- 10033740
Description
The Tates Creek Office Centre, a Class A office building in Lexington, KY, offers 30,535 rentable square feet across three stories. Built in 1989 and extensively renovated in 2017, this property boasts a modern aesthetic with high-quality construction featuring steel, concrete, and glass. Situated on 2.19 acres, it offers scenic creek views and convenient access via a walking bridge to ample parking (approximately 110 spaces, plus reciprocal parking). The building enjoys high visibility from major roadways (Wilson Downing Road and Tates Creek Road), with a combined traffic count of 29,733 ADT. Three suites are currently available, ranging from 431 to 3,731 square feet, ideal for executive or medical office use. Suite 100 (3,731 sq ft) is a turnkey medical space with nine exam rooms, while Suite 101 (2,072 sq ft) and Suite 202 (3,622 sq ft) also offer fully renovated medical build-outs with multiple exam rooms and offices. The property's convenient south Lexington location provides easy access to major thoroughfares like New Circle Road and Man O' War Boulevard, and is near numerous businesses including Kroger, Baptist Health, and several banks. The zoning is P-1, and the property features one passenger elevator. The minimum divisible space is 431 square feet, with a maximum contiguous space of 3,731 square feet. The building's address is 4071 Tates Creek Centre Dr, Lexington, KY 40517. The APN is 10033740.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,550,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,140,000
- 6.5%
- $6,590,000
- 7%
- $6,120,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,979,000
- AI Estimate
- $5,979,000
Market price range: $3.97M - $8.86MMarket price range: $3.97M - $8.86M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,960,000 Current use
- COMMERCIAL (GENERAL)
- $7,130,000 Change: +20% Conversion: Easy
- MEDICAL BUILDING
- $6,605,000 Change: +11% Conversion: Easy
- RETAIL STORES
- $6,245,000 Change: +5% Conversion: Moderate
- WAREHOUSE, STORAGE
- $5,605,000 Change: -6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.4998
- Latitude
- 37.9737
- 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
$50,082
$0.00
$0.00
$4,050,000
-
$0.00
$0.00
$4,050,000
