2704 Old Rosebud RdLexington, KY 40509

Property Details for 2704 Old Rosebud Rd

Year built

2005

Property size (Sq ft)

1,375 SF

Zone code

P-1

Property type

Office properties

APN

38190730

APU

38190730

Description

This exceptional Class A office condo, located at 2704 Old Rosebud Rd in Lexington, Kentucky, offers 4,088 square feet of immediately available space within a larger 30,000 square foot building. The property is situated in the desirable Hamburg area, providing convenient access to I-75/64 and downtown Lexington. Its prime location offers proximity to numerous amenities and restaurants, enhancing the appeal for both employees and clients. The building itself is a three-story structure featuring modern elevators and high-end finishes and upgrades throughout. The space is suitable for a variety of uses, including traditional office space, coworking setups, or medical offices, reflecting its versatile design and adaptable layout. The building consists of a single structure, ensuring a cohesive and efficient work environment. The property is categorized as a multi-tenant building, offering opportunities for collaboration and networking within a thriving business community. This is an excellent opportunity to secure a well-appointed office space in a highly sought-after Lexington location. The property is located in Fayette County, Kentucky, zip code 40509.

• CAP approach

  CAP return

  Valuation

  6%

  $235,910

  6.5%

  $217,763

  7%

  $202,209

• Comparable approach

  Method

  Valuation

  Relative Method

  $116,879

  Geo Method

  $170,761

• Alternative Use

  Use

  Valuation

  Residential

  $270,027

  Hospitality

  $247,343

  Educational

  $205,786

  Medical

  $212,864

  Retail

  $320,112

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0278

Longitude

-84.4205

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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