Search
Three-Story Office Building in Lexington
For Sale
Contact for pricing

455 Park Place, Lexington, KY 40511

123,432 SF office building near New Circle Road.

Property Size123,432 SF
Days on Market263

Property Features for 455 Park Place

General Information

Standard status Active
Size 123,432 SF
Property subtype Office
Lease Term MG

Building Details

Building Size 123,432 SF

Properties For Sale

at 455 Park Place Contact us

Suite 125

Size
9,288 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency:
Listed By: Paul Ray Smith, Jr · License #KY #183529
Source: Naiglobal
Added: Dec 3, 2025 Changed: Aug 8 Last Checked: Aug 22 at 4:12AM

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 Paul Ray Smith, Jr

Investment Insights

Based on property information with market context.

This is a leasing opportunity for space in a +/-123,432 SF three-story office building in Lexington. The property is located just off New Circle Road, adjacent to Lexmark Corporate Headquarters and North Park Marketplace, which is anchored by Walmart and Ross Dress For Less. The building features one of the largest floor plates in the Lexington market. Suite 125, offering +/-9,288 SF for lease, is located on the first floor and includes a private exterior entrance. The location, situated directly off Russell Cave Road, provides convenient access to downtown Lexington, Interstates 64/75, and Blue Grass Airport. Ample parking is available with +/-500 existing spaces. The rental rate is $17.00 PSF modified gross.

Key Highlights

  • Large floor plates in a +/-123,432 SF three‑story office building
  • Excellent location just off New Circle Road and Russell Cave Road
  • Ample parking with +/-500 spaces

Property Analytics

Current Use

Kentucky Department for Community ... State Government Office Health & Family Services Health Children Family Insurance Agency Behavioral Health Group Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Storage Facility Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - 123,432 SF office building near New Circle Road.
Where is this office building located?
The property is located at 455 Park Place Lexington, KY.
What are key features of this property?
This property features: Large floor plates in a +/-123,432 SF three‑story office building; Excellent location just off New Circle Road and Russell Cave Road; Ample parking with +/-500 spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message