836 Euclid AveLexington, KY 40502

Property Details for 836 Euclid Ave

Year built

1986

Lot size

1.13 AC

Property size (Sq ft)

101,353 SF

Zone code

B-1

Property type

Retail space

APN

13393100

APU

13393100

Description

Chevy Chase Plaza, located at 836 Euclid Ave in Lexington, KY 40502, offers a diverse range of commercial spaces ideal for businesses of all sizes. This 101,353 square foot building, constructed in 1987, features a mix of executive office, traditional office, retail, and restaurant spaces, making it a versatile option for various commercial needs. Currently, there are 6,414 square feet of vacant space available, with a minimum divisible unit of 500 square feet and a maximum contiguous space of 3,340 square feet. The property boasts a multiple tenancy structure, providing flexibility for businesses seeking different sized spaces. The building offers ample parking, with a ratio of 2 spaces per 1,000 square feet. Situated in Fayette County, Chevy Chase Plaza benefits from a convenient Lexington location, providing easy access to major transportation routes and local amenities. The property's diverse space options and prime location make it an attractive opportunity for businesses seeking a well-established and versatile commercial space in Lexington, Kentucky. This is a rare opportunity to secure space in a well-maintained building with a proven track record. Contact us today to learn more about the available spaces and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $22,748,750

  6.5%

  $20,998,846

  7%

  $19,498,928

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,049,618

  Geo Method

  $21,985,654

• Alternative Use

  Use

  Valuation

  Residential

  $17,713,312

  Hospitality

  $16,225,299

  Educational

  $13,499,258

  Medical

  $13,963,519

  Retail

  $20,998,846

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0294

Longitude

-84.4909

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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