2130 Christian RdLexington, KY 40509

Property Details for 2130 Christian Rd

Year built

1963

Lot size

1.55 AC

Property size (Sq ft)

15,900 SF

Zone code

I-1

Property type

Retail properties

Property subtype

Auto shops

APN

21697700

APU

21697700

Description

This exceptional 26,000-square-foot industrial/office property in Lexington, Kentucky, presents a unique opportunity for a single tenant. Situated on a 1.55-acre lot, the building boasts a desirable location, easily accessible from major thoroughfares like E New Circle Road and Liberty Road, within a mile of Winchester Road, and less than a ten-minute drive to I-75. Built in 1963, the property features a flexible layout suitable for various industrial and office uses. Ceiling heights range from 10.5 to 12.8 feet, providing ample vertical space. The building includes convenient loading and unloading capabilities with two drive-in doors and one dock-high door with a leveler. The property also offers surface parking. Zoned I-1 (Light Industrial), this location is surrounded by similar businesses, making it an ideal spot for a variety of light industrial operations. The property's ample size and strategic location make it an attractive option for businesses seeking a functional and accessible space. The parcel's APN is 21697700, and it's located in Fayette County. This single-tenant building offers significant potential for a company looking to establish or expand its operations in a thriving industrial area. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $3,568,766

  6.5%

  $3,294,246

  7%

  $3,058,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,302,210

  Geo Method

  $4,976,045

• Alternative Use

  Use

  Valuation

  Residential

  $2,778,819

  Hospitality

  $2,545,384

  Educational

  $2,117,729

  Medical

  $2,190,561

  Retail

  $3,294,246

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0301

Longitude

-84.4513

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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