1502 Oxford DrGeorgetown, KY 40324
- Healthcare properties
- 12,674 SF
Property Details for 1502 Oxford Dr
- Year built
- 2006
- Lot size
- 1.09 AC
- Property size (Sq ft)
- 12,674 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 189-10-030.000
- APU
- 18910030000
Description
This exceptional 1,687 square foot medical office space is located within a larger, well-maintained building at 1502 Oxford Dr, Georgetown, KY 40324. The property, built in 2009, offers a total of 19,415 square feet across two stories and is situated on 1.1 acres of land. The building boasts a 4.1 Floor Area Ratio (FAR) and features 59 parking spaces for ample tenant and visitor convenience. An elevator is available for easy access to both floors. Currently configured as an open workspace with multiple individual offices, this space presents a versatile layout adaptable to various medical practices. A significant advantage is the inclusion of a drive-thru, enhancing patient accessibility and convenience. The property is classified as a Class A office building and is located in Scott County. This is a rare opportunity to secure prime medical office space in a thriving Georgetown location. The available space is part of a multi-tenant building.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,935,162
- 6.5%
- $1,786,303
- 7%
- $1,658,710
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,044,530
- Geo Method
- $1,573,984
-
Alternative Use
- Use
- Valuation
- Residential
- $2,215,016
- Hospitality
- $2,028,943
- Educational
- $1,688,057
- Medical
- $1,746,112
- Retail
- $2,625,866
Location Insight
- City
- Georgetown
- County
- Scott
- State
- Kentucky
- Latitude
- 38.2328
- Longitude
- -84.534
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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