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    2525 Harrodsburg Rd Lexington, KY 40504

    Sponsored
    For Lease
    $22 SF/Yr

    Prestigious Fayette County Office Space.

    Lot size:
    62,622 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    One Paragon Centre offers 5,808 square feet of immediately available Class A executive office space in a stunning five-story building. Located at the intersection of Harrodsburg Road (US 68) and New Circle Road in Fayette County, this property boasts a contemporary glass and brick exterior, exquisite marble-tiled entries, and sound-proofed suites, creating an elegant and productive work environment. The building, originally constructed in 1986 and extensively renovated in 2023, features a total of 62,622 square feet, with spaces divisible down to 2,000 square feet and a maximum contiguous space of 5,808 square feet. The property is zoned P-1 and offers ample parking within a park-like setting, complete with a fountain and meticulously landscaped grounds. On-site management ensures seamless operations, and building amenities include a conveniently located men's and women's shower facility on the first floor. This is a rare opportunity to secure high-quality office space in a prime Fayette County location, offering a blend of modern amenities and sophisticated aesthetics. The building's multiple tenancy structure provides flexibility for businesses of various sizes. The available space presents an ideal setting for businesses seeking a prestigious and functional office environment.

    Property Features for 2525 Harrodsburg Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,622 SF
    Class
    A
    Total Rate
    114807

    Building Details

    Year Built/Renovated
    1986/2023
    Stories
    5

    Unit(s) available at that property

    Space
    Suite 550
    Size
    5,808 SF
    Rate per SF
    $22
    Space
    Suite 400
    Size
    13,104 SF
    Rate per SF
    $22
    Space
    Suite 305
    Size
    2,656 SF
    Rate per SF
    $22

    HighLights

    • Class A, 62,622 SF office building in Fayette County.
    • 5‑story building, built in 1986, renovated in 2023, offering executive and professional office suites.
    • Multiple tenancies available, with a minimum divisible space of 2,000 SF and a maximum contiguous space of 5,808 SF; 5,808 SF currently vacant.
    • Located at the intersection of Harrodsburg Road (US 68) and New Circle Road, with ample parking and landscaped grounds.
    • Amenities include professionally decorated suites, on‑site management, and a first‑floor men's and women's shower facility.
    Property Profile Location Intelligence

    Current Use by Public Records

    CDM Smith Inc. Environmental Consultant Legacy Wealth Management Investment Service Davis Law Office General Practice Attorney Westfield Group Insurance Agency Maxim Healthcare Services ... Home Health Care Service

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5502963
    Latitude
    38.0171199

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    FAQs

    What type of property is this?
    Office space - Prestigious Fayette County Office Space.
    Where is this office space located?
    The property is located at 2525 Harrodsburg Rd Lexington, KY.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Class A, 62,622 SF office building in Fayette County.; 5-story building, built in 1986, renovated in 2023, offering executive and professional office suites.; Multiple tenancies available, with a minimum divisible space of 2,000 SF and a maximum contiguous space of 5,808 SF; 5,808 SF currently vacant.
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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
    2525 Harrodsburg Rd Lexington, KY 40504
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