3459 Buckhorn DrLexington, KY 40515

  • Retail space
  • 11,920 SF
For Lease
$11.64/SF/YR View listing

Property Details for 3459 Buckhorn Dr

Year built
1987
Lot size
1.48 AC
Property size (Sq ft)
11,920 SF
Zone code
B-6P
Property type
Retail space
APN
20013810
APU
20013810

Description

This 3100 square foot office space, located in Lexington, KY's Buckhorn Plaza, is available for lease. The Class B building, constructed in 1987, sits on a 1.48-acre lot and is zoned B-6P in Fayette County. The space features a fully sprinklered system and is already fitted with private offices, a large kitchenette, four ADA-compliant restrooms, two showers, and washer/dryer hookups. This makes it ideal for a variety of businesses. Current co-tenants include Darae & Friends Catering and the administrative offices of KARP Advocacy, ensuring a vibrant and established business environment. The property's convenient location near Man O' War Boulevard and within five miles of I-75 provides excellent accessibility for employees and clients. The building is situated in a densely populated residential area, offering a strong potential customer base. This is a rare opportunity to lease a well-appointed, move-in ready office space in a prime Lexington location. The single building is part of a larger plaza, offering ample parking and visibility. The space is ready for immediate occupancy. This property presents a unique opportunity for businesses seeking a functional and conveniently located office space in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,006,338
    6.5%
    $2,775,081
    7%
    $2,576,861
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,553,353
    Geo Method
    $2,585,706
  • Alternative Use

    Use
    Valuation
    Residential
    $2,340,885
    Hospitality
    $2,144,238
    Educational
    $1,783,981
    Medical
    $1,845,335
    Retail
    $2,775,081
3459 Buckhorn Dr, Lexington, Kentucky

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
37.9777
Longitude
-84.4585
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
-
-
-
$1,300,000
-
-
-
$1,300,000

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