Mixed-Use Development Near Lexington
For Sale
Contact for pricing
1051 Newtown Pike, Lexington, KY 40511
Four-building mixed-use property with office, retail, flex, and warehouse space.
Property Size86,700 SF
Lot Size9.88 Acres
Days on Market207
Property Features for 1051 Newtown Pike
General Information
Standard status
Active
Size
86,700 SF
Lot size
9.88 Acres
Property subtype
Industrial
Building Details
Building Size
86,700 SF
Year Built
1982
Properties For Sale
at 1051 Newtown Pike Contact us- Size
- 2,748 SF
- Type
- Flex Space
- Term
- Negotiable
Bldg 1051, Suite 136
- Size
- 6,733 SF
- Type
- Flex Space
- Term
- Negotiable
Bldg 804, Suite 110
Listing Agency:
NAI Isaac
(859) 422-4408
Listed By:
Chad Voelkert · License #KY #205597
Source:
Naiglobal
Added: Jan 27
Changed: Aug 18
Last Checked: Aug 22 at 4:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Isaac
Investment Insights
Based on property information with market context.
Newtown Business Center is a mixed-use development comprising four buildings with a total area of approximately 86,700 square feet, situated on approximately 9.88 acres. The property offers a combination of office, retail, flex, and warehouse facilities. Located at the intersection of Newtown Pike and New Circle Road, the business center provides convenient access to downtown Lexington, Interstates 75 and 64, and Blue Grass Airport. The location offers good visibility and ample parking. The property is zoned B-1 (Neighborhood Business) & I-1 (Light Industrial). The traffic count in front of the site is approximately 39,271 vehicles per day. The property is minutes away from Lexington's other thriving business areas, upscale residential communities, retail services, financial institutions, hotel accommodations and other amenities. Lexington is located within 500 miles of 75% of the nation's population.
Key Highlights
- Excellent Location: Intersection of Newtown Pike and New Circle Road with easy access to downtown Lexington, Interstates 75/64, and Blue Grass Airport.
- Mixed‑Use Development: Offers office, retail, flex, and warehouse facilities.
- Sizeable Development: +/-86,700 SF four‑building complex on +/-9.88 acres.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Explore this area
Business Placement
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-building mixed-use property with office, retail, flex, and warehouse space.
Where is this mixed-use property located?
The property is located at 1051 Newtown Pike Lexington, KY.
What are key features of this property?
This property features: Excellent Location: Intersection of Newtown Pike and New Circle Road with easy access to downtown Lexington, Interstates 75/64, and Blue Grass Airport.; Mixed‑Use Development: Offers office, retail, flex, and warehouse facilities.; Sizeable Development: +/-86,700 SF four‑building complex on +/-9.88 acres.
