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    524 W New Circle Rd Lexington, KY 40511

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    For Sale
    Contact for pricing

    Retail suite in a high-traffic Lexington retail corridor.

    Property Features for 524 W New Circle Rd

    General Information

    Zoning
    B-6P

    Source: Weston Lockhart Agent Weston Lockhart

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Suite in North Park Marketplace

    A retail suite offering approximately 1,400 square feet is available within North Park Marketplace, situated along West New Circle Road, a high-traffic retail corridor in Lexington. The location benefits from high foot traffic and visibility. The retail center is shadow-anchored by Walmart and surrounded by a mix of national and regional tenants, including Ross, Sally Beauty, Hibbett Sports, and Domino’s Pizza. The location offers visibility, signage, and access within a Lexington marketplace. The property is located in a Lexington retail node with a dense residential and commercial population nearby. It is suitable for retail, service, or boutique users seeking exposure in a shopping center. Ample parking and convenient ingress/egress are available for customers and employees.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rainbow Shops Women'S Clothing Store Ross Dress for Less Clothing Store Cozy Nail Nail Salon Las Pericas Auto Insurance Agency At Your Services Insurance Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    North Park Marketplace, Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM, Northland Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.48232
    Latitude
    38.070799

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    FAQs

    What type of property is this?
    Shopping center - Retail suite in a high-traffic Lexington retail corridor.
    Where is this shopping center located?
    The property is located at 524 W New Circle Rd Lexington, KY.
    What is the asking price?
    The asking price for this property is $25.
    What are key features of this property?
    This property features: - Prime location on W New Circle Rd, a high-traffic retail corridor; - Shadow-anchored by Walmart and surrounded by national retailers driving significant customer traffic; - Located within North Park Marketplace, a vibrant and thriving retail center
    (859) 317-3538
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    524 W New Circle Rd Lexington, KY 40511
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    Lexington, KY 40511
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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
    524 W New Circle Rd Lexington, KY 40511
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