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Lexington, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lexington, Ohio Market population: 323K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Lexington KY Properties: 1.2400%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Lexington KY

Common questions from investors exploring commercial real estate in Lexington KY.

What is the overall investment potential of Lexington, KY, considering its demographic and economic indicators? +
The city's median household income of $61,941, combined with a relatively high poverty rate of 18.1%, suggests a mixed market with opportunities for affordable housing investments. The strong presence of top industries like Health Care & Social Assistance, Retail Trade, and Manufacturing, along with a high health insurance rate of 94.6%, indicates a stable employment market and access to quality healthcare for residents. Additionally, the city's diverse population, with top ethnicities including White, Black or African American, and Asian, contributes to a vibrant cultural scene and potential for demand in rental properties.
How does the city's commute time and transportation infrastructure impact its attractiveness to investors? +
The average commute time of 22.1 minutes in Lexington, KY, is relatively low, and the top commute methods of driving alone, carpooling, and working from home suggest a flexible and convenient transportation infrastructure. This, combined with a high employment rate of 168,129 and a strong healthcare industry, makes the city an attractive location for workers and families, potentially driving up demand for housing and rental properties. Furthermore, the city's median property value of $181,400 and median property taxes of $1,445 provide a relatively stable and affordable investment environment.
What are the implications of the city's poverty rate and health insurance coverage for tenant quality and investment stability? +
The 18.1% poverty rate in Lexington, KY, is a concern, but when combined with the high health insurance coverage rate of 94.6%, it suggests that many residents have access to employment opportunities and healthcare, which can contribute to a more stable tenant base. The foreign-born rate of 8.6% and top ethnicities also indicate a diverse population, which can lead to a more resilient and adaptable rental market. Moreover, the city's gini coefficient of 0.483, which measures income inequality, is relatively high, but the strong presence of top industries and high employment rate help to mitigate this issue.
How does the city's demographic diversity and industry mix impact its potential for long-term growth and investment returns? +
The diverse population of Lexington, KY, with top ethnicities including White, Black or African American, and Asian, contributes to a vibrant cultural scene and potential for demand in rental properties. The city's top industries, including Health Care & Social Assistance, Retail Trade, and Manufacturing, provide a strong foundation for employment and economic growth, which can drive up demand for housing and rental properties. Additionally, the median age of 34.4 and average household income of $61,941 suggest a relatively young and affluent population, which can lead to increased spending and investment in the local economy.
What are the key factors investors should consider when evaluating the potential for property appreciation and rental yields in Lexington, KY? +
Investors should consider the city's median property value of $181,400, median property taxes of $1,445, and homeownership rate of 59% when evaluating the potential for property appreciation and rental yields. The city's strong employment market, diverse population, and high health insurance coverage rate also contribute to a stable and attractive investment environment. Furthermore, the average commute time of 22.1 minutes and top commute methods suggest a convenient and flexible transportation infrastructure, which can increase the appeal of rental properties and drive up demand and rental yields.

Lexington KY Real Estate & City Facts

Key facts and real estate information about Lexington KY.

What are some of the best neighborhoods to live in Lexington? +
Some of the best neighborhoods to live in Lexington include Georgetown, Beaumont, Downtown Lexington, Gratz Park, Ashland park, Kenwick, Fairway, Chevy Chase, Lakewood, Montclair, Shadeland, Tabor Oaks, Blueberry Hill-Brigadoon-Stoneybrook-Baralto, Southwest Lexington, Palomar, Hamburg Area, and Jessamine County.
What are some fun things to do in Lexington? +
There are plenty of fun things to do in Lexington, including visiting the Kentucky Horse Park, Keeneland, Darby Dan Farm, Barrel House Distilling Co., Jacobson Park, Hagyard Equine Medical Institute, Studio Players at the Carriage House Theatre, and 21c Museum Hotel. You can also explore the city's many neighborhoods, such as Chevy Chase, Distillery District, Downtown, Southland Drive, Summit at Fritz Farm, and Warehouse Block.
What is the food scene like in Lexington? +
The food scene in Lexington is diverse and vibrant, with a range of restaurants serving everything from traditional Southern cuisine to international flavors. Some popular restaurants include Holly Hill Inn, The Blue Heron Steakhouse, Distilled on Jefferson, Tony's of Lexington, Dudley's on Short, Ethereal Brewing, Carson's Food & Drink, and Epping's on Eastside. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Lexington? +
The pros of living in Lexington include its vibrant cultural scene, beautiful horse farms, and friendly community. However, some cons include the city's relatively high cost of living, traffic congestion, and limited job opportunities in certain industries. Overall, Lexington is a great place to live for those who value a high quality of life, outdoor recreation, and a strong sense of community.
Is Lexington a good place to live? +
Yes, Lexington is a great place to live for many people. The city offers a unique blend of small-town charm and big-city amenities, with a thriving cultural scene, beautiful parks and outdoor spaces, and a strong sense of community. While it may have some drawbacks, such as a relatively high cost of living, the pros of living in Lexington far outweigh the cons for many residents.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Lexington KY Commercial Property: $61,941

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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