601 Adcolor Dr

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601 Adcolor Dr

Lexington, KY 40511
Asking Price
$725K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 1.82 acres <p>+/- 1.82-acre flat, developable B-3 parcel</p><p>Dual frontage on Newtown Pike (20,000+ VPD) and West New Circle Road (62,200+ VPD)</p><p>Positioned within one of Lexington's most active retail and hospitality corridors</p><p>Adjacent to multiple branded hotel properties</p><p>ALTA survey available upon request</p><p>Suitable for retail, QSR, financial, medical, or hospitality-adjacent development</p><p></p>

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NOI
$80,000
Cap Rate
11.03%
DSCR
1.86
Strong
Cash-on-Cash
16.99%
Monthly Payment
$3,586.904
Annual Cash Flow
$36,957.147

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