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    1437-1441 Leestown Rd Lexington, KY 40511

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    Contact for pricing

    1,125 SF Office/Retail Suite in Lexington, KY

    Lot size:
    16,290 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity presents a 1,125 square foot vacant suite within a larger 16,290 square foot building located at 1437-1441 Leestown Road in Lexington, Kentucky, 40511. The property is situated in Fayette County and offers excellent visibility and accessibility from Leestown Road. The building features a multi-tenant configuration, with the available space ideal for a variety of retail or office uses. Its prime location provides convenient access to New Circle Road and downtown Lexington, ensuring high traffic volume and exposure to a large customer base. A 2013 traffic count recorded approximately 28,699 vehicles per day on Leestown Road near the property. The building is currently anchored by a Goodwill store, further enhancing its visibility and attracting a steady stream of potential customers. This space presents a unique opportunity for businesses seeking a well-located and highly visible presence in a thriving Lexington community. The total building comprises a single suite, offering a cohesive and potentially easily managed space. This is a rare opportunity to secure a well-positioned retail or office space in a high-traffic area of Lexington.

    Property Features for 1437-1441 Leestown Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,290 SF

    Unit(s) available at that property

    Space
    Suite 1437
    Size
    1,125 SF

    HighLights

    • 16,290 SF office/retail building, Goodwill‑anchored.
    • 1,125 SF available for lease.
    • High visibility, easy Leestown Road access.
    • Convenient location, quick access to New Circle Road and downtown Lexington.
    • High traffic count (28,699 ADT in 2013) on nearby Leestown Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -84.5213178
    Latitude
    38.0649563

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    FAQs

    What type of property is this?
    Retail property - 1,125 SF Office/Retail Suite in Lexington, KY
    Where is this retail property located?
    The property is located at 1437-1441 Leestown Rd Lexington, KY.
    What are key features of this property?
    This property features: 16,290 SF office/retail building, Goodwill-anchored.; 1,125 SF available for lease.; High visibility, easy Leestown Road access.
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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
    1437-1441 Leestown Rd Lexington, KY 40511
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