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    1300 New Circle Rd Lexington, KY 40505

    • Office buildings
    • 34,344 SF
    • 2.52 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US34-0544370
    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

    • Summit Salon Academy / Beauty School
    • Hopebridge Autism Therapy Center / Speech Pathologist / Mental Health Clinic
    • Precision Tools Services Inc. / Store
    • Nekari Hill / Counselor
    • Christopher Siegel / Psychologist

    Property Details for 1300 New Circle Rd

    Year built
    1984
    Lot size
    2.52 lot acres
    Property size
    34,344 SF
    Zone code
    B-3
    Property type
    Office buildings
    APN
    10019590
    APU
    10019590

    Description

    Lexington Business Center offers a prime 15,263 square foot flex/warehouse space for lease within a larger, multi-use development. This exceptional property, located at 1300 E New Circle Rd, Lexington, KY 40505, sits on a substantial 19.71-acre lot at the highly visible intersection of New Circle Road and Liberty Road. The building itself boasts a total of 309,135 square feet, encompassing office, retail, and industrial spaces. This particular unit is part of a larger, single-suite complex, providing ample space for a variety of business needs. The property's strategic location provides easy access to major thoroughfares, including Man O' War Boulevard and Interstates 75/64, ensuring convenient commutes for employees and clients. The zoning designation is a blend of I-1 (Light Industrial) and B-3 (Highway Business), offering flexibility for a range of commercial uses. This is a rare opportunity to secure a significant space in a well-established, multi-use development with excellent visibility and accessibility in a thriving Lexington location. The property is zoned for light industrial and highway business uses, offering versatility for various business types. The address is 1300 E New Circle Rd, Lexington, KY 40505.

    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
    -84.4535
    Latitude
    38.0287
    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
    $36,845
    $0.00
    $0.00
    $2,979,500
    -
    $0.00
    $0.00
    $2,979,500

    Comparable in this City

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      1320 Bryan Ave

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      1377 Pridemore Ct

      OFFICE BUILDING • 1,960 SF
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      1392 Pridemore Ct

      OFFICE BUILDING • 6,988 SF
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    • Value Estimation by Request
      3,906 SF

      2205 Thunderstick Dr

      OFFICE BUILDING • 3,906 SF
      2205 Thunderstick Dr, Lexington, KY 40505-9002
      View Details

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    Similar Nearby for Lease

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      Lexington Business Center: Prime Flex Space

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    1300 New Circle Rd
    Lexington, KY 40505
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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
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