107 Frazier CtGeorgetown, KY 40324

Property Details for 107 Frazier Ct

Year built

2001

Lot size

1.19 AC

Property size (Sq ft)

15,400 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

189-10-022.000

APU

18910022000

Description

This exceptional commercial property, situated at 107 Frazier Court in Georgetown, Kentucky, presents a fantastic opportunity for businesses seeking high visibility and convenient access. The newly renovated office space boasts a desirable location just off Cherry Blossom Way, nestled between major retail giants Toyota and Walmart. This ensures significant foot traffic and excellent brand exposure. The 1.19-acre lot provides ample space, and the office itself is conveniently located on the second floor, easily accessible via elevator and stairs. The asking price is $1500. All utilities are included in the lease, providing significant cost savings: water, sewer, electricity, trash removal, and common area maintenance are all covered. This turnkey solution allows businesses to focus on their core operations without the added burden of utility management. The high-traffic area and strategic placement near established businesses make this property an ideal location for a variety of commercial ventures. Contact us today to arrange a viewing and explore the potential of this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,351,388

  6.5%

  $2,170,512

  7%

  $2,015,476

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,269,193

  Geo Method

  $1,912,526

• Alternative Use

  Use

  Valuation

  Residential

  $2,691,435

  Hospitality

  $2,465,340

  Educational

  $2,051,134

  Medical

  $2,121,676

  Retail

  $3,190,653

Location Insight

City

Georgetown

County

Scott

State

Kentucky

Latitude

38.2334

Longitude

-84.5353

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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