3061 Fieldstone WayLexington, KY 40513

  • Retail properties
  • 24,420 SF
For Lease
$25/SF/YR View listing

Property Details for 3061 Fieldstone Way

Year built
1996
Lot size
2.26 AC
Property size (Sq ft)
24,420 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Strip malls
APN
19302210
APU
19302210

Description

This exceptional Class A retail property, Beaumont South Shoppes, located at 3061 Fieldstone Way in Lexington, KY 40513, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The single-story building, constructed in 1996, boasts a total of 24,420 square feet, with 1,673 square feet currently available for lease. The property sits on a 2.26-acre lot and is zoned B-3 - Highway Service Business, allowing for a variety of commercial uses. The building features ample parking with 125 spaces available for customers and employees. This thriving retail center is anchored by established businesses including Baskin Robbins, Edward Jones, Sahara, and Newport Cleaners, ensuring a consistent flow of customers. The available space is ideal for end-cap retail or office use, offering excellent exposure and accessibility. The spaces range from approximately 1,575 to 1,673 square feet, providing flexibility for various business needs. This is a rare opportunity to establish your business in a well-established and highly visible location within a successful retail complex. Don't miss out on this chance to join a thriving community of businesses in a high-traffic area of Lexington.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,670,966
    6.5%
    $6,157,814
    7%
    $5,717,970
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,314,620
    Geo Method
    $5,297,226
  • Alternative Use

    Use
    Valuation
    Residential
    $5,194,346
    Hospitality
    $4,757,994
    Educational
    $3,958,595
    Medical
    $4,094,737
    Retail
    $6,157,814
3061 Fieldstone Way, Lexington, Kentucky

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0142
Longitude
-84.5571
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
$40,208
-
-
$3,251,500
-
-
-
$3,251,500

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