Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1555 New Circle Rd Lexington, KY 40509

    • Community centers
    • 39,120 SF
    • 2.21 lot acres
    For Lease
    View listing
    $9 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US34-0549323
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Depot Tech Services / Computer Support And Services / Business To Business Service
    • Pho Saigon / Sandwich Shop / Vegan Restaurant
    • W I Sparks General Contractor LLC / General Contractor
    • Kelen Computer Services / Computer Repair Service / Used Computer Store
    • The MailRoom / Shipping Service / Truck Rental Agency

    Property Details for 1555 New Circle Rd

    Year built
    1978
    Lot size
    2.21 lot acres
    Property size
    39,120 SF
    Zone code
    B-3
    Property type
    Community centers
    APN
    15574951
    APU
    15574951

    Description

    Woodhill Circle Plaza, located at 1555 E New Circle Rd, Lexington, KY 40509, presents a prime retail investment opportunity. This 341,956 square foot community shopping center boasts a highly desirable location on New Circle Road, a major Lexington thoroughfare with an average daily traffic count exceeding 42,767 vehicles. The property comprises twelve single-story buildings, offering excellent visibility and accessibility via multiple access points from New Circle Road, Palumbo Drive, Woodhill Drive, and Codell Drive. Spaces range from a minimum of 910 square feet to a maximum contiguous space of 2,100 square feet, with 9,410 square feet currently vacant. The center is anchored by established national retailers including Office Depot, Home Goods, The Tile Shop, and Dollar Tree, ensuring a strong tenant mix and consistent foot traffic. The property is zoned Commercial (APN: 15574950) and presents a unique chance to capitalize on a thriving retail market in a high-demand location. This is an exceptional opportunity for businesses seeking high visibility and convenient access in a well-established shopping center.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4547
    Latitude
    38.0191
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,453
    $0.00
    $0.00
    $3,513,900
    -
    $0.00
    $0.00
    $3,513,900

    Comparable in this City

    • Value Estimation by Request
      60,000 SF

      1525 New Cir Rd

      MINI-MALL • 60,000 SF
      1525 New Cir Rd, Lexington, KY 40509-1021
      View Details
    • Value Estimation by Request
      170,988 SF

      2903 Richmond Rd

      MINI-MALL • 170,988 SF
      2903 Richmond Rd, Lexington, KY 40509-1714
      View Details
    • Value Estimation by Request
      20,700 SF

      109 Locust Hl Dr, Unit 125

      MINI-MALL • 20,700 SF
      109 Locust Hl Dr, Lexington, KY 40509-1532
      View Details
    • Value Estimation by Request
      85,510 SF

      1988 Pavilion Way

      MINI-MALL • 85,510 SF
      1988 Pavilion Way, Lexington, KY 40509-2210
      View Details
    • Value Estimation by Request
      32,960 SF

      3090 Helmsdale Pl

      MINI-MALL • 32,960 SF
      3090 Helmsdale Pl, Lexington, KY 40509-2225
      View Details
    • Value Estimation by Request
      67,374 SF

      3120 Richmond Rd

      MINI-MALL • 67,374 SF
      3120 Richmond Rd, Lexington, KY 40509-1509
      View Details

    Similar Nearby for Sale

    • $6,306,524
      7,755 SF

      Lexington Retail Center Investment

      Prime Lexington retail, 100% occupied, strong tenants.
      2887 Richmond Rd, Lexington, KY 40509
      View Details
    • Contact for pricing

      Community Shopping Center For Sale

      Community shopping center with high traffic and multiple access points.
      1505-1557 E New Circle Rd, Lexington, KY 40509
      View Details
    • $489,000

      Lexington Retail/Office Building For Sale

      4,336 SF retail/office building with high visibility.
      2100 Liberty Rd, Lexington, KY 40509
      View Details
    • $1,200,000
      1.30 Acres

      Richmond Rd Retail Outlot

      1.3-acre prime retail land, Lexington, KY
      2891 Richmond Rd, Lexington, KY 40509
      View Details
    • $514,900
      3,016 SF

      Luxury Townhome Near Downtown Lexington

      Immaculate, updated townhome with gated park access and premium features.
      104 Tradition Cir, Lexington, KY 40509
      View Details
    • $375,000
      2,731 SF

      Courtyard View Townhome Auction

      Townhome with courtyard view, open floor plan, and two-car garage.
      960 Village Green Ave, Lexington, KY 40509
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,555 SF

      Richmond Rd Retail Outlot

      Lexington, KY: Prime Retail Opportunity
      2887 Richmond Rd, Lexington, KY 40509
      View Details
    • $22 SF/Yr
      172,865 SF

      Lakeview Plaza: Lexington Retail Center

      Prime Lexington retail, 18 acres, high visibility.
      2907 Richmond Rd, Lexington, KY 40509
      View Details
    • $22 SF/Yr
      211,072 SF

      Lexington Power Center - Richmond Rd

      High-traffic retail space, 5 units available.
      3101 Richmond Rd, Lexington, KY 40509
      View Details
    • $25 SF/Yr
      1,877 SF

      Retail Space in Pleasant Ridge

      Retail space available in Lexington's Pleasant Ridge Shoppes.
      1908 Bryant Rd, Lexington, KY 40509
      View Details
    • $1,917 /Mo

      Lexington Retail Space For Rent

      Retail space in high-traffic Lexington corridor with excellent visibility.
      3094 Richmond Rd, Lexington, KY 40509
      View Details
    • $25 SF/Yr
      36,000 SF

      Retail Center in Lexington

      Recently constructed retail center on Richmond Road in Lexington, KY.
      2860 Richmond Rd, Lexington, KY 40509
      View Details
    Request Owner's contact information
    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.
    1555 New Circle Rd
    Lexington, KY 40509
    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
    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.