2220 NicholasvilleLexington, KY 40503

  • Retail properties
  • 78,319 SF
For Lease
$15/SF/YR View listing

Property Details for 2220 Nicholasville

Year built
1962
Lot size
7.53 AC
Property size (Sq ft)
78,319 SF
Zone code
B-1
Property type
Retail properties
Property subtype
Community centers
APN
15087701
APU
15087701

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,906,198
    6.5%
    $17,451,876
    7%
    $16,205,313
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,580,370
    Geo Method
    $16,989,082
  • Alternative Use

    Use
    Valuation
    Residential
    $14,721,310
    Hospitality
    $13,484,641
    Educational
    $11,219,063
    Medical
    $11,604,903
    Retail
    $17,451,876
2220 Nicholasville, Lexington, Kentucky

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0073
Longitude
-84.5167
CBSA code
30460
CBSA name
LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $9,325,000
  • Tax year
    2023
  • Tax bill
    $115,313

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