1792 Alysheba WayLexington, KY 40509

Property Details for 1792 Alysheba Way

Year built

2003

Lot size

5.45 AC

Property size (Sq ft)

75,420 SF

Zone code

P-1

Property type

Office properties

Property subtype

Office buildings

APN

38089140

APU

38089140

Description

One Hamburg, located at 1792 Alysheba Way in Lexington, Kentucky, presents a prime opportunity for businesses seeking high-quality office space. This three-story, Class A building, constructed in 2003, boasts a total of 75,420 square feet situated on a 5.45-acre lot in Fayette County (zip code 40509). The property offers multiple tenancy options, with available spaces ranging from 1,192 to 3,705 square feet, suitable for various business needs including traditional office, medical office, coworking, executive office, and creative office uses. Its strategic corner location at the intersection of Man o' War and Alysheba Way provides exceptional visibility and accessibility, with convenient access to Interstates 75 and 64. The building benefits from ample on-site parking and professional management. Its proximity to Hamburg Place ensures easy access to a wide array of dining and shopping options. The building's high-quality construction and excellent monument signage make it a prestigious address in the rapidly developing Hamburg area. This is a truly exceptional opportunity to establish a presence in one of Lexington's most desirable commercial locations.

• CAP approach

  CAP return

  Valuation

  6%

  $12,939,895

  6.5%

  $11,944,519

  7%

  $11,091,339

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,410,924

  Geo Method

  $9,366,410

• Alternative Use

  Use

  Valuation

  Residential

  $14,811,203

  Hospitality

  $13,566,983

  Educational

  $11,287,570

  Medical

  $11,675,767

  Retail

  $17,558,442

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0157

Longitude

-84.4212

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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