Entity Owned Property summary
This exceptional 3,196 square foot retail property, built in 2009, presents a unique investment opportunity in Fayette County. The single-tenant building features a highly desirable drive-thru, perfect for a variety of businesses. Its flexible Community Center zoning allows for diverse uses. Strategically located on Polo Club Lane, this property benefits from its proximity to significant developments driving substantial growth in the area. These include the burgeoning Hamburg growth on Polo Club, a new ±$250 million Baptist Health ER and Outpatient Medical and Cancer Center, a new 41-acre UK Healthcare facility, and the upcoming Mary E. Britton Middle School (opening 2025) serving 1,200 students. Furthermore, the property is adjacent to the 44-acre Hamburg East mixed-use development, which will encompass restaurants, apartments, retail spaces, green areas, and hotels. The asking price is $135,000 plus NNN, with availability commencing December 2024. This location offers unparalleled access to a rapidly expanding and affluent community. Don't miss this chance to secure a prime retail space in a high-growth area.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
CC zone shall provide a pedestrian accessway directly to the Community Center. (i) Front Yard Driveways. Any driveway within a front yard of a residential dwelling: 1. On any detached dwelling unit, where no enclosed gar…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CC · Lexington, KYCC zone shall provide a pedestrian accessway directly to the Community Center. (i) Front Yard Driveways. Any driveway within a front yard of a residential dwelling: 1. On any detached dwelling unit, where no enclosed gar…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CC zone shall provide a pedestrian accessway directly to the Community Center. (i) Front Yard Driveways. Any driveway within a front yard of a residential dwelling: 1. On any detached dwelling unit, where no enclosed gar…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Lexington, KY.
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