163 N Limestone

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163 N Limestone

Lexington, KY 40507
Asking Price
$550K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset totaling 0.134 acres for sale
  • Located at 163 N Limestone in Lexington, Kentucky
  • The asking price for this property is $550,000
  • Property is positioned within a growing regional economy
  • Asset is suitable for retail or office development projects

What's Special

This commercial land parcel spans 0.134 acres and is situated at 163 N Limestone in Lexington, Kentucky. The site sits within the urban core of a growing regional market, benefiting from the city's stable economic environment and consistent development activity. Its strategic placement provides visibility and access to local commerce and infrastructure within the 40507 ZIP code. Investors and developers may consider this property for various commercial applications, such as retail, professional office space, or mixed-use development, depending on local zoning regulations. The central location in Lexington allows for potential connectivity to major thoroughfares and nearby established business hubs. This asset represents a direct opportunity to acquire a development-ready footprint in a significant Kentucky market.

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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,721.1
Annual Cash Flow
$47,346.801

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