Property profile

604 Bizzell Dr Lexington, KY 40510

OFF-MARKET
Office buildings
Property ID
US34-0505504
4,736 SF 0.53 ac lot Built 1980
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is a two-story, all-brick office building totaling 4,736 square feet, situated on a 0.53-acre lot. It is zoned I-1 and is configured to support office use as well as potential flex and light industrial use. The interior layout includes multiple private offices, conference rooms, and open work areas, with restrooms on each floor. Off-street parking is provided in a fenced and gated lot. The building is located just off Old Frankfort Pike in Lexington, Kentucky, with access to New Circle and I-64/I-75 and routes to downtown.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 4,736 SF
Lot 0.53 ac (23,087 SF)
Zoning code I-1
APN 13950400
UPID US34-0505504

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

604 Bizzell Dr Lexington, KY 40510-1003
Lexington metro Census 3702 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$586k
Blend (final) Blend
$575k

Owner & transaction history

since 2026
Last sale
$576,000
3 recorded transactions
2026
$650,000
2024
$576,000
2011
$270,000

Zoning & alternative use

I-1 · Lexington, KY
Zoning description

I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or client visits to the residence (excluding pick-up or pre-ordered items or drop-off of…

General category INDUSTRIAL
Top alternative use upside
Retail stores $920,000 +4.7%

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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