4664 Lexington Road

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4664 Lexington Road

Winchester, KY 40391
Asking Price
$2.75M
Asset Type
Retail
Class
Class B

What's Special

+/-13,000 SF on 35 Acres | Zoned PD <ul><li>​<span style="color: rgba(3, 7, 18, 1)">Flexible PD zoning overlay allows potential for mixed-use development</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">The property sits just inside the Clark/Fayette County lines, just outside of Lexington, KY</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">35 acres of gently-rolling land</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">13,000+ SF custom building featuring 8 bedrooms, 7.5 bathrooms, expansive entertaining spaces

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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995

Location & Travel Times