Entity Owned Property summary
The property is a flex space located near downtown Lexington with access to New Circle Road, I-64/I-75, and the Turner Commons development (approximately one mile away). It is zoned I-1 and is configured as two separately usable spaces totaling 3,360 square feet, with each unit providing 1,680 square feet. The layout includes an estimated 900 square feet of office/showroom area, two restrooms per space, and nearly 2,500 square feet of warehouse area. Each unit features a 15-foot bay door and a 12-foot front window suitable for showroom use, with warehouse clearance heights ranging from 21 feet 4 inches to 23 feet 11 inches. Building systems and utilities include two suspended gas heaters per space and 200 amp electrical service, and each space has two restrooms.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising
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Commercial Cleaning Service Crime Victim Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
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
I-1 · Lexington, KYI-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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1 in Lexington, KY.
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