Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    705 Werne Dr Lexington, KY 40504

    Sponsored
    For Lease
    $8 SF/Yr ($6,720 /Mo)
    Lot size:
    10,080 SF
    Added:
    Dec 11, 2024
    Days on Market:
    391

    Property Features for 705 Werne Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,080 SF
    Total Rate
    6720

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    3,360 SF
    Rate per SF
    $8

    HighLights

    • Excellent access to Old Frankfort Pike and New Circle Road.
    • Highly functional space ideal for contractors, suppliers, showrooms, or general flex use.
    • Unmatched visibility from New Circle Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pinnacle Roofing Roofing Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply 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
    -84.5440376
    Latitude
    38.0607661

    Nearby Similar for Lease

    • New
      $30 SF/Yr
      13,504 SF

      Professional Office Space For Rent

      Office space with high visibility near St Joseph Hospital East.
      101 N Eagle Creek Dr, Lexington, KY 40509
      View Details
    • $650 /Mo
      46,258 SF

      Downtown Lexington Coworking Space

      Flexible coworking and office spaces in downtown Lexington.
      110 W Vine St, Lexington, KY 40507
      View Details
    • $650 /Mo
      2,050 SF

      Premier Office Condo on Man O'War

      Turnkey office condo with visibility on Man O' War Boulevard.
      525 Darby Creek Rd, Lexington, KY 40509
      View Details
    • $625 /Mo
      50,000 SF

      Private Office Spaces For Lease

      Three private office spaces available in Lexington, Kentucky.
      1500 Leestown Rd, Lexington, KY 40511
      View Details
    • $15 SF/Yr
      3,800 SF

      Lexington Office/Showroom with Warehouse Space

      Prime commercial space with office, showroom, and warehouse components.
      2577 Regency Rd, Lexington, KY 40503
      View Details
    • $19 SF/Yr
      6,848 SF

      Downtown Lexington Creative Office Space

      Renovated historic building with modern amenities in downtown Lexington.
      146 E Third St, Lexington, KY 40508
      View Details
    • $1,812 /Mo
      1,208 SF

      Modern Office Space in Lexington

      Move-in ready office space with modern finishes and ample parking.
      1092 Duval St, Lexington, KY 40515
      View Details
    • $20 SF/Yr
      1,555 SF

      Downtown Lexington Commercial Space Available

      Remodeled office/retail space in downtown Lexington, near Sayre School.
      169 N Limestone, Lexington, KY 40507
      View Details
    • $18 SF/Yr
      3,187 SF

      Downtown Lexington Commercial Space Available

      Remodeled office/retail space in downtown Lexington with flexible floor plan.
      169 N Limestone, Lexington, KY 40507
      View Details
    • $17 SF/Yr
      3,000 SF

      Downtown Lexington Office Space Available

      Office suites in a historic building with downtown views.
      269 W Main St, Lexington, KY 40507
      View Details
    • $17 SF/Yr
      3,358 SF

      Downtown Lexington Office Space Available

      Office suites for lease in the heart of Downtown Lexington.
      269 W Main St, Lexington, KY 40507
      View Details
    • $17 SF/Yr
      3,358 SF

      Downtown Lexington Office Space Available

      Office suites in the heart of downtown Lexington's entertainment district.
      269 W Main St, Lexington, KY 40507
      View Details

    FAQs

    Where is this distribution property located?
    The property is located at 705 Werne Dr Lexington, KY.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Excellent access to Old Frankfort Pike and New Circle Road.; Highly functional space ideal for contractors, suppliers, showrooms, or general flex use.; Unmatched visibility from New Circle Road.
    Request Owner's contact information
    705 Werne Dr Lexington, KY 40504
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    705 Werne Dr
    Lexington, KY 40504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    705 Werne Dr Lexington, KY 40504
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.