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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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