Russell Roberts Appraisals, Inc.

MAI Commercial Real Estate Appraisals | Indianapolis | Louisville | Nashville

270.872.5510
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Lexington, Kentucky Commercial Appraiser

Robert Lancaster, Ph.D, Commercial Appraiser in Lexington, KentuckyRobert Lancaster, Ph.D.

Lexington, Kentucky

Robert W. Lancaster, Ph.D. and Senior Managing Director of our Lexington office is a retired Associate Professor of Political Science and an active Certified General Real Estate Appraiser in the Commonwealth of Kentucky. He specializes in appraising complex property and has over 30 years of experience. His primary research interests at the university centered on sustainability theory.

He has published and lectured internationally on sustainability and is currently blending his research to reflect the political power of sustainability and its impact on real estate and social equity. Dr. Lancaster is a Candidate for the MAI designation and recently co-authored “Getting from Here to There: Power, Politics, and Urban Sustainability in North America”.

Cell Phone: (859) 221-7802

Find out more by viewing his LinkedIn profile.

 

Lexington Skyline

Lexington, Kentucky | Regional Overview

Louisville forms the southeastern point of a geographic region in Kentucky area colloquially referred to as “The Golden Triangle“. The Golden Triangle is an area of concentrated affluence in the region formed by the cities of Cincinnati, Lexington, and Louisville. Louisville is the one of the most highly educated cities in the nation (ranking 10th)  with nearly 40% of residents having at least a bachelor’s degree. It is also the second most densely populated area in the State of Kentucky as depicted in the map below, published by the U.S. Census bureau.

Lexington Population Density Map

Lexington, Kentucky | Trends and Tools

For trends having the greatest impact on commercial real estate in Lexington, Kentucky, see the charts below. For specific sites, type an address or type a latitude/longitude combination using the Reverse Geocode function after clicking this link. Compare multiple sites by clicking here.

Lexington Demographics

Lexington, KY, Population Trend

Kentucky & Fayette County Population Trends

Kentucky & Fayette County Employment Trends

Kentucky & Fayette County Household Income Trends

Lexington, Kentucky | Residential Supply and Demand

From 2003 through 2012, permits were issued for 18,145 housing units in Fayette County during which time the change in the number of households was 15,048. Thus, supply has been increasing relative to demand and, all other things being equal, should result in downward pressure on home prices in the county.

Video of Lexington

To learn more about Lexington, check out this video.

 

Photo Sources:
Lexington Skyline
“Kentucky population map” by JimIrwin at the English language Wikipedia. Licensed under CC BY-SA 3.0 via Wikimedia Commons.

Recent News

Veritas Valuations, Inc.

Our Business is Morphing

A Zero Sum Game – I’m not buying it.

Entrepreneurial Incentive

Russell worked with me as a commercial property appraiser for over 15 years. He is highly experienced in all types of commercial properties. Specifically, while working with me, he performed multiple appraisals of large and small apartment complexes, shopping centers, ranging from strip enters ...

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Hugh Hogue, MAIPast President of the Mississippi Chapter of the Appraisal Institute
I have known Russell Roberts for over 30 years professionally and personally. He has been performing commercial appraisals for me in the banking industry since 1995. During this time, Russell has always provided appraisals to the bank in a timely and efficient manner. His ...

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Timothy CourtneyCopiah Bank, Senior Vice President
Russell has chosen appraisal as the means to provide for his family. Appraisals are only as reliable as the judgment of the author, and I personally endorse Russell as a man of sound judgment. Russell joined my staff of commercial real estate appraisers in ...

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Jack Poe, MAIJack Poe Incorporated, Dallas, TX
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Property Types We Appraise

  • Office Buildings
  • Industrial
  • Restaurants
  • Hotels
  • Shopping Centers
  • Churches
  • AND MORE!!
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Careers

Qualified Commercial Appraisers

Russell Roberts, MAI

The MAI membership designation is held by professionals who can provide a wide range of services relating to all types of real property, such as providing opinions of value, evaluations, review, consulting and advice regarding investment decisions, among others. Property types may include commercial, industrial, agricultural, residential, vacant land and others.

Commercial Appraisal Office Locations

Elizabethtown, KY : Corporate Office

2600 Ring Road, Suite 105
Elizabethtown, KY 42701
(270) 872-5510
Email

Indianapolis, IN

49 Boone Village #278
Zionsville, Indiana 46077
(765) 532-5843

Lexington, KY

5755 McCowans Ferry Road
Versailles, KY 40383
(859) 221-7802

Nashville, TN

106 Mission Court, Suite. 604-A
Franklin, Tennessee 37067
(615) 495-9870

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