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Cell Towers

2050 Garden Springs Dr, Lexington, KY 40504

Lexington, KY ID #496532
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Site Overview
Site Name2050 Garden Springs Dr, Lexington, Ky 40504
Current InfrastructureApartment
SiteBid ID ##496532
Published DateMay 7, 2024
Modified DateMay 4, 2025
Market StatusOff Market
Potential UsesCell Towers
Location
CityLexington
State / ProvinceKY
Zip Code40504
CountyFayette
MSA / Metro AreaLexington-Fayette, Ky
Elevation298.70 meters
ZoningR-5
SubdivisionGarden Springs
School DistrictFayette County School District
Flood ZoneX
Property
Lot Size3.79 acres
Lot Frontage272 ft
Building Area105,140 sq ft
Buildings1.00
Total Units178.00
Residential Units177.00
Year Built1970
Year Renovated1970
Building ConditionUnknown
Property ClassResidential
Infrastructure
Elev. Above Sea Level298.70

📋 Site Intelligence

Tech & Infra
Verizon
Site Status
Tenant Status
Comm Area
Expansion Available
Govt Licenses

Site overview

2050 Garden Springs Dr is an Apartment property in Lexington, KY 40504. The parcel offers a 165,049 sq ft / 3.79 acres lot, zoned R-5, in Fayette County (APN 94021240). Review nearby cell tower coverage, carrier presence, broadband availability, and co-location potential for this Lexington site below.

Property typeApartment
Lot size165,049 sq ft
Acreage3.79
TagVERIZON
ZoningR-5
APN94021240
CountyFayette
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Infrastructure investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier‑1 tenants (AT&T, Verizon, T‑Mobile, etc.). Depending on the lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.

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