535 Brannon RdNicholasville, KY 40356

  • Mixed-use properties
  • 7,800 SF
For Lease
$14.78/SF/YR View listing

Property Details for 535 Brannon Rd

Property size (Sq ft)
7,800 SF
Property type
Mixed-use properties
Property subtype
Other industrial properties
APN
054-00-00-011.00
APU
54000001100

Description

This Nicholasville, KY property offers 7,800 square feet of flexible space, ideal for various businesses. The building, constructed in 1990, features a mix of office and warehouse space, with a minimum divisible unit of 609 square feet and a maximum contiguous space of 2,823 square feet currently vacant. The 1.45-acre lot boasts 252 feet of frontage, providing excellent visibility. The building includes one dock-high door, 15 parking spaces, and updated common restrooms. Office suites range from approximately 609 to 1,218 square feet, offering private offices, conference rooms, and open work areas. Warehouse space, accessible separately or in conjunction with office space, features existing shelving and a suspended gas heater. The property is zoned B-2 Commercial and is conveniently located at the intersection of Brannon Road and Clays Mill Extended, offering easy access to major roadways and nearby amenities. The property's location provides a quiet work environment while maintaining convenient access to Nicholasville and Harrodsburg Roads. The APN is 054-00-00-011.00.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,797,389
    6.5%
    $1,659,128
    7%
    $1,540,619
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,044,125
    Geo Method
    $1,040,707
  • Alternative Use

    Use
    Valuation
    Residential
    $1,659,128
    Hospitality
    $1,519,752
    Educational
    $1,264,416
    Medical
    $1,307,901
    Retail
    $1,966,869
535 Brannon Rd, Nicholasville, Kentucky

Location Insight

City
Nicholasville
County
Jessamine
State
Kentucky
Latitude
37.9686
Longitude
-84.5757
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
$6,960
$125,000
$475,000
$600,000
-
$125,000
$475,000
$600,000

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