172 Trade St, Lexington, KY 40511: Local Guide

Looking for information on 172 Trade St in Lexington, Kentucky? This guide provides comprehensive details about this address, including nearby businesses, residential information, and local amenities.

Key Takeaways

• 172 Trade St is located in Lexington, KY 40511.
• This address is likely a commercial or residential property within a mixed-use area.
• Lexington, KY offers various amenities, including dining, shopping, and cultural attractions.
• Understanding the surrounding neighborhood provides valuable context for this location.
• Local resources can help you explore properties and businesses in the area.

Introduction

The address 172 Trade St, Lexington, KY 40511 pinpoints a specific location within the vibrant city of Lexington, Kentucky. Whether you're a prospective resident, a business owner, or simply curious about the area, this guide offers essential information to help you understand the significance of this address. We will delve into the surrounding neighborhood, explore potential businesses or residences at this location, and highlight the amenities that make Lexington a desirable place to live and work. — Dodgers Vs. Reds: Series Preview, Odds & Predictions

What & Why

Context of 172 Trade St, Lexington, KY 40511

Lexington, Kentucky, is a dynamic city known for its horse farms, bourbon distilleries, and a thriving downtown area. The 40511 ZIP code encompasses a diverse mix of residential and commercial properties. Trade Street itself likely falls within a commercial or mixed-use zone, suggesting a blend of businesses, offices, and potentially residential units.

Understanding the context of 172 Trade St is crucial for several reasons: — Guastatoya Vs. Aurora: Soccer Showdown

• Location Assessment: For businesses, the address's proximity to other commercial establishments, residential areas, and transportation hubs is vital.
• Residential Insights: For potential residents, the neighborhood's safety, school districts, and access to amenities are key considerations.
• Investment Decisions: Real estate investors need to understand the area's growth potential and property values.

Benefits of Knowing the Area

• Informed Decisions: Whether you're opening a business, moving to a new home, or making an investment, knowing the surrounding area empowers you to make informed choices.
• Networking Opportunities: Understanding the local business landscape can lead to valuable connections and partnerships.
• Community Engagement: Familiarity with the neighborhood fosters a sense of belonging and community involvement.

Potential Risks

Without proper research, there are potential risks associated with any location:

• Unexpected Competition: Businesses might face unforeseen competition if they don't understand the existing market.
• Unsuitable Environment: Residents might find the area doesn't match their lifestyle or needs.
• Property Value Fluctuations: Investors need to be aware of market trends and potential risks to property values.

How to Find Information About 172 Trade St

1. Online Search Engines: Start with a simple search on Google, Bing, or other search engines. Enter "172 Trade St, Lexington, KY 40511" to see what information is publicly available. This may include business listings, property records, and news articles.
2. Online Maps: Use Google Maps, Bing Maps, or other online mapping services to visualize the location and its surroundings. Street View can provide a virtual tour of the area.
3. Property Records: Check the Fayette County Property Valuation Administrator's website for property tax records, ownership information, and property details.
4. Business Directories: Online business directories like Yelp, Yellow Pages, and local chamber of commerce websites can help you find businesses located at or near 172 Trade St.
5. Local Resources: Contact the Lexington-Fayette Urban County Government for zoning information, permits, and other local regulations.

Examples & Use Cases

Scenario 1: Business Relocation

A small business owner is considering relocating their office to 172 Trade St. By researching the address and surrounding area, they can:

• Assess the proximity to their target market.
• Evaluate the availability of parking and public transportation.
• Understand the local competition.
• Determine the cost of rent or purchase.

Scenario 2: Residential Move

A family is thinking about moving to a property near 172 Trade St. They can:

• Check the safety of the neighborhood.
• Research nearby schools.
• Identify local amenities like parks, grocery stores, and restaurants.
• Compare property values in the area.

Scenario 3: Investment Property

An investor is looking at purchasing a property at 172 Trade St. They can: — NYC ZIP Codes: Your Ultimate Guide

• Analyze the potential rental income.
• Evaluate the property's condition and potential for appreciation.
• Research zoning regulations and future development plans.
• Assess the overall investment risk.

Best Practices & Common Mistakes

Best Practices

• Cross-Reference Information: Use multiple sources to verify the information you find.
• Visit the Location: If possible, visit 172 Trade St and the surrounding area to get a firsthand impression.
• Talk to Locals: Speak with residents and business owners to gather insights and perspectives.
• Stay Updated: Real estate markets and local businesses can change, so keep your information current.

Common Mistakes

• Relying on a Single Source: Avoid making decisions based on information from only one source.
• Ignoring Zoning Regulations: Ensure your intended use of the property complies with local zoning laws.
• Overlooking Hidden Costs: Factor in potential expenses like property taxes, insurance, and maintenance.
• Neglecting Due Diligence: Thoroughly research the property and the surrounding area before making any commitments.

FAQs

Q: What is the ZIP code for 172 Trade St? A: The ZIP code for 172 Trade St is 40511.

Q: What county is 172 Trade St located in? A: 172 Trade St is located in Fayette County, Kentucky.

Q: How can I find out what businesses are located at this address? A: You can use online search engines, business directories, and online maps to find businesses at this address.

Q: How can I find property records for 172 Trade St? A: You can check the Fayette County Property Valuation Administrator's website for property records.

Q: Is 172 Trade St located in a residential or commercial area? A: 172 Trade St is likely in a mixed-use area with both commercial and residential properties. Check local zoning maps for definitive information.

Conclusion

Understanding the details of 172 Trade St, Lexington, KY 40511 is crucial for anyone looking to do business, reside, or invest in the area. By utilizing the resources and strategies outlined in this guide, you can make informed decisions and navigate the local landscape effectively. Explore Lexington today and discover the opportunities that await. If you’re looking to buy or rent in the area, contact a local real estate agent for expert assistance.

Last updated: October 26, 2023, 18:42 UTC