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    565 E New Circle Rd Lexington, KY 40505

    For Lease
    $15 SF/Yr ($1,625 /Mo)

    Visible Lexington commercial center with ample parking and flexible layouts.

    Property size:
    1,300 SF
    Lot size:
    0.88 Acres

    Property Features for 565 E New Circle Rd

    General Information

    Size
    1,300 SF
    Lot size
    0.88 Acres

    Source: The Gibson Company Agent James E Powell

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

    Overview

    Lexington Retail/Office Space Available

    This retail and office complex is located on East New Circle Road in Lexington. It offers high daily traffic counts and ample surface parking. The property is zoned B-3 and surrounded by national retailers, restaurants, and services. Flexible layout options are available. It is suitable for service-based businesses, boutique retailers, or professional offices. The property size is 1300 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Premier Tax & Accounting ... Tax Preparation Service El Antojito Mexican ... Mexican Restaurant Relax Foot Spa Massage Therapist PeopleReady Temp Agency Work Connection Employment Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.457313
    Latitude
    38.052785

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    FAQs

    What type of property is this?
    Retail space - Visible Lexington commercial center with ample parking and flexible layouts.
    Where is this retail space located?
    The property is located at 565 E New Circle Rd Lexington, KY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility on East New Circle Road.; - High daily traffic counts.; - Ample surface parking.
    (859) 433-3133
    Request Owner's contact information
    565 E New Circle Rd Lexington, KY 40505
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    Lexington, KY 40505
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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
    565 E New Circle Rd Lexington, KY 40505
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