860 Corporate Dr Lexington, KY 40503
- Office buildings
- 17,446 SF
- 2.35 lot acres
Current Use by Public Records
- Gentle Dental Touch / Dentist / Dental Clinic
- Family Dental Care / Dentist
- Clear Choice Smile / Orthodontist
- Dr. Douglas D. Durbin, Orthodontist / Orthodontist
- Gentle Dental Touch - Dr.Cindy Munoz / Dentist
Property Details for 860 Corporate Dr
- Year built
- 1980
- Lot size
- 2.35 lot acres
- Property size
- 17,446 SF
- Zone code
- P-1
- Property type
- Office buildings
- APN
- 16863505
- APU
- 16863505
Description
This exceptional 2.35-acre commercial property at 860 Corporate Drive, Unit 103, Lexington, KY, presents a first-floor office space perfectly situated in Lexington's dynamic business district. Its convenient location off Harrodsburg Road and New Circle Road ensures excellent accessibility. The interior boasts six private offices, catering to individual or team needs, complemented by an open workspace designed to foster collaboration. A welcoming reception area sets a professional tone, while two dedicated conference rooms, including a sizable training room, provide ample space for meetings and presentations. Further enhancing its functionality is a flexible lounge area, adaptable as an additional office or conference space. A spacious kitchen/media room, complete with a green screen wall, caters to multimedia requirements. Ample parking is available on-site for both employees and clients, along with the convenience of an onsite dumpster. The property's proximity to numerous restaurants in the Beaumont and Harrodsburg Road corridor adds to its appeal. Included in the lease are utilities, eliminating additional fees (excluding significant electrical demands). The kitchen island, refrigerator, and conference tables are included. This turnkey office space is priced at $14 million and offers a compelling opportunity for businesses seeking a prestigious and functional location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,170,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,670,000
- 6.5%
- $1,540,000
- 7%
- $1,430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,375,000
- Geo Method
- $1,555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,340,000
- Retail
- $1,440,000
- Mixed-Use
- $1,495,000
- Hospitality
- $1,350,000
- Educational
- $1,500,000
- Residential Income
- $1,530,000
- Energy
- $1,510,000
- Income-Based Land
- $1,595,000
- Food Service
- $1,335,000
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5534
- Latitude
- 38.0114
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
