107 Frazier CtGeorgetown, KY 40324

  • Healthcare properties
  • 15,400 SF
For Sale
$1,500 View listing

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.

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
107 Frazier Ct, Georgetown, Kentucky

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,454
$1,072,200
$852,800
$1,925,000
-
$1,072,200
$852,800
$1,925,000

FAQs

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