Property profile

520 Maxwell St Lexington, KY 40502

OFF-MARKET
Office buildings
Property ID
US34-0647982
1,851 SF 0.08 ac lot Built 1927
Individually Owned Free & Clear
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Property summary

AI-generated overview

This historic 1.5-story bungalow is located in Lexington’s Woodland Triangle and is zoned P-1 for office or professional use. The first floor includes an entry hall, waiting area, receptionist’s office, two private offices, and a bathroom. The upper level provides two additional offices, a computer nook, a file room, and a full bathroom. The lower level includes a kitchenette, two offices, a conference room, and a half bath. The building contains approximately 2,828 square feet and sits on a lot measuring about 0.0815 acres, with two dedicated off-street parking spaces located behind the building.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1927
Total area 1,851 SF
Lot 0.08 ac (3,550 SF)
Zoning code P-1
APN 16552600
UPID US34-0647982

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
  • Foster Care Service Social Service Agency
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Counselor
  • Physician

Location

520 Maxwell St Lexington, KY 40502-6432
Lexington metro Census 700 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$110k

Owner & transaction history

Zoning & alternative use

P-1 · Lexington, KY
Zoning description

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…

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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