3061 Fieldstone WayLexington, KY 40513

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

Strip malls

Property subtype

Neighborhood centers

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.

• 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

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

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