121 Precision Ct, Lancaster, KY 40444 Property Records

Garrard County property record for 121 Precision Ct, Lancaster, KY 40444 · Last verified August 2026

Property Highlights

Property Type	Commercial > Retail
Year Built	Built 1998
Lot Size	217,922 sqft (5 acres)
Tax Bill	$2,230.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`27B-03-002`
Alternative APN	`14771`

Interior

Stories	1 Stories

Exterior

Year Built	Built 1998
Effective Year Built	Effective 1998
Exterior Material	Metal Exterior
Construction Type	Steel Frame Construction
Roof Construction	Gable Roof Construction
Roof Material	Metal Roof
Lot Area	217,922 sqft (5 acres)

Utilities and HVAC

Heating Fuel	Electric Heating Fuel
Sewage	Sewage Connected
Water Source	Yes (Unknown Type) Water Source

Location & Zoning

Account Number	14771
Street Address	121 PRECISION CT
City	LANCASTER
State	KY
Zip	40444
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	LANCASTER GARRARD INDUS DEV
Legal Lot Number	4
Jurisdiction	GARRARD KY
Minor Civil Division	LANCASTER
Census Blockgroup	3
Census Block	3014
Census Tract	970201

Owner

Source: Garrard County records · APN 27B-03-002

Assessment roll updated May 5, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	2784 BETHANY RD, RED BOILING SPRINGS, TN 37150-3226
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Nov 15, 2010
Deed Sale	Nov 15, 2010
Deed Book / Page	260 / 449
Record Refreshed	Sep 20, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	GARRARD KY
Recording Date	Jul 17, 2026
Property Address	121 PRECISION CT, LANCASTER, KY 40444
Document Number	0000218140
Book / Page	474 / 831
Instrument Date	Jul 09, 2026
Instrument	2026218140
Transaction Type	Mortgage
Record Updated	Jul 30, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	266

Mortgage

Document Number	0000218140,
Date	Jul 17, 2026
Book Page	474/831
Instrument	2026218140

Lender

Name	FARM CREDIT SERVICES/MIDLANDS FLCA

Agreement

Type	Building or Construction Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Jul 01, 2029

Interest

Rate	6.52%
Max Rate	-1%

Tax Assessment & Valuation

Source: Garrard County records · Assessment roll updated May 5, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Kentucky
County	Garrard County
Municipality	Lancaster City
Unified School District	Garrard County School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,230.00 (-0.45%)	$200,000 (-) Land $60,000 Building $140,000	$200,000 (-) Land $60,000 Building $140,000
2024	$2,240.00 (-2.61%)	$200,000 (-) Land $60,000 Building $140,000	$200,000 (-) Land $60,000 Building $140,000
2023	$2,300.00 (-0.86%)	$200,000 (-) Land $60,000 Building $140,000	$200,000 (-) Land $60,000 Building $140,000
2022	$2,320.00	$200,000 Land $60,000 Building $140,000	$200,000 Land $60,000 Building $140,000

Flood & Wildfire

121 Precision Ct is in FEMA Zone X, outside the Special Flood Hazard Area, with direct wildfire exposure (Low risk).

Flood

Source: FEMA National Flood Hazard Layer · Garrard County (21079C), updated December 21, 2017

FEMA Flood Zone	Zone X minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard Area	No

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to Homes	Low 20th percentile of exposed land nationally · 37th in Kentucky
Wildfire Likelihood	Low — about 1 in 3,846 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.