519 Darby Creek RdLexington, KY 40509
- Office properties
- 1,104 SF
Property Details for 519 Darby Creek Rd
- Year built
- 1990
- Property size (Sq ft)
- 1,104 SF
- Zone code
- P-1
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 10046090
- APU
- 10046090
Description
This exceptional 2,384 square foot office condo, located at 519 Darby Creek Rd in Lexington, KY 40509, presents a unique opportunity for businesses seeking flexible space. The property is a ground-level unit (Unit 9) within a larger building totaling 5,960 square feet. The space boasts a functional layout including two private offices and a spacious conference/training room on the main level. The lower level offers an additional four private offices, each benefiting from natural light and convenient walk-out access. This Class B office condo is zoned P-1 and is part of a well-maintained complex. The Darby Creek Condo Association has recently undertaken significant landscaping improvements, with further enhancements planned for 2024. This versatile property is available for both sale and lease, making it an ideal solution for a variety of business needs. The property is situated in Lexington, Kentucky, offering easy access to local amenities and transportation networks. This is a prime opportunity to acquire a well-appointed office space in a desirable location. The building consists of one structure with multiple tenants.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $189,415
- 6.5%
- $174,844
- 7%
- $162,355
-
Comparable approach
- Method
- Valuation
- Relative Method
- $93,843
- Geo Method
- $137,106
-
Alternative Use
- Use
- Valuation
- Residential
- $216,807
- Hospitality
- $198,594
- Educational
- $165,228
- Medical
- $170,910
- Retail
- $257,021
Location Insight
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Latitude
- 38.0079
- Longitude
- -84.4316
- 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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