2716 Old Rosebud RdLexington, KY 40509

Property Details for 2716 Old Rosebud Rd

Year built

2007

Property size (Sq ft)

1,283 SF

Zone code

P-1

Property type

Office properties

Property subtype

Other office properties

APN

38218880

APU

38218880

Description

This exceptional Class A office building, constructed in 2006, offers 30,000 square feet of versatile space at 2716 Old Rosebud Rd, Lexington, KY 40509. Situated on a one-acre lot in Fayette County, this three-story building is zoned P-1 - PROFESSIONAL OFFICE, making it ideal for a variety of uses including traditional office, medical office, coworking, and creative office spaces. The property boasts 100 parking spaces, ensuring convenient access for tenants and clients. One available suite of 1,300 square feet is currently listed, situated on the first floor of this office condominium building. This suite features a spacious lobby with a hospitality area and reception, four large rooms adaptable as offices or conference rooms, and an internal restroom. The building enjoys excellent visibility and accessibility, with convenient access to I-75 and I-64. The property's location in the Hamburg area provides a desirable address for businesses seeking a professional and convenient setting. This is a rare opportunity to acquire a well-maintained, highly functional office building in a prime Lexington location.

• CAP approach

  CAP return

  Valuation

  6%

  $210,434

  6.5%

  $194,246

  7%

  $180,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $107,749

  Geo Method

  $159,336

• Alternative Use

  Use

  Valuation

  Residential

  $240,866

  Hospitality

  $220,632

  Educational

  $183,563

  Medical

  $189,876

  Retail

  $285,542

Location Insight

City

Lexington

County

Fayette

State

Kentucky

Latitude

38.0273

Longitude

-84.4195

CBSA code

30460

CBSA name

LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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