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    698 Perimeter Dr, Unit 201 Lexington, KY 40517

    For Lease
    $15 SF/Yr ($5,943 /Mo)

    COMMERCIAL - Lexington, KY

    Property size:
    4,755 SF
    Lot size:
    0.89 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 698 Perimeter Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    20011410-2
    Parking
    55
    Size
    4,755 SF
    Lot size
    0.89 Acres

    Building Details

    Year built
    1985
    Floors in Building
    2

    Block + Lot Real Estate 3090099

    Listing agent Robert K Lewis (859) 309-0099

    Listing date Oct 28, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Space Available

    Located in a highly accessible area, the property at 698 Perimeter Drive is zoned P-1 (Professional Office), making it suitable for various business uses. Current tenants include Buchart Orthodontics, Gina Johnson-Higgins, DMD Family Dentistry, Dental Concepts & Implant Center, and Don Sizemore & Associates. The property features a lobby entry way that provides ample sunlight. The space is designed as a professional office, incorporating open areas and glass-walled individual offices. This layout is well-suited for professional offices such as accounting, architecture, financial advising, insurance, and law firms. Ample surface parking is included in the monthly lease rate. Suite 201 includes a reception area, two conference rooms, 15 offices, a break room, open workstation areas, and storage and coat closets. The 4,755 square-foot space can be divided. Situated on a 0.89-acre lot, the property is conveniently located 0.2 miles from the Alumni Drive and New Circle Road interchange and provides excellent visibility on Perimeter Drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gina Johnson-Higgins, DMD, ... Dental Clinic Dr. Michael P. ... Orthodontist Cindy Derer PLLC Dentist Pratt Michael C ... Dentist Whipple Justin Health Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.462217
    Latitude
    37.995107

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    FAQs

    What type of property is this?
    Office space - Professional office space for lease in accessible Lexington location.
    Where is this office space located?
    The property is located at 698 Perimeter Dr, Unit 201 Lexington, KY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Highly accessible location near Alumni Drive and New Circle Road interchange (0.2 mile).; - Zoned P-1 (Professional Office), suitable for various business uses.; - Ample surface parking included in the monthly lease rate.
    (859) 309-0099
    Request Owner's contact information
    698 Perimeter Dr, Unit 201 Lexington, KY 40517
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    698 Perimeter Dr, Unit 201 Lexington, KY 40517
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