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    Property profile & analytics
    OFF-MARKET Estimated value $1,830,000
    Office buildings

    851 Corporate Dr, Lexington, KY 40503-5428

    17,844 SF 0.9 ac lot Built 1980
    Entity Owned ~ Est. High Equity
    Property ID
    US34-0555333
    Property summary
    AI-generated overview

    This exceptional 3,066 square foot office space is situated within a three-story, 17,642 square foot building at 851 Corporate Drive in Lexington, Kentucky, zip code 40503. The property is a traditional office space, also suitable for executive or creative office uses, and is part of a highly sought-after suburban office development. This space is immediately available for lease and represents a significant portion of the building's currently vacant 3,066 square feet. The building benefits from a convenient location, just off Harrodsburg Road and a short distance from New Circle Road, providing easy access to major transportation routes. Its strategic location offers proximity to a wide array of amenities, including shopping, fitness centers, and numerous dining options at the nearby Beaumont Centre, located directly across Harrodsburg Road. The building is under new ownership and has undergone significant improvements. The space is adaptable to various business needs and offers a professional environment. This is a rare opportunity to secure high-quality office space in a prime Lexington location. The building features multiple tenants.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Total area 17,844 SF
    Lot 0.9 ac (38,999 SF)
    Zoning code P-1
    APN 16863510
    UPID US34-0555333
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Elliott Robert E MD Physician
    • Cheryl Marrs Physician
    • Creative Solutions of the Bluegrass, LLC Counselor
    • State Farm Insurance Insurance Agency
    • iEntry, Inc. Advertising Agency Marketing & Advertising
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.92M
    Blend (final) Blend
    $1.83M
    Owner & transaction history
    Faithful Platform Properties LLC
    Faithful Platform Properties LLC
    since 2025
    Last sale
    $1.7M
    2 recorded transactions
    2025
    $1.7M
    2022
    $1.4M
    Zoning & alternative use
    P-1 · Lexington, KY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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