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    1300 E New Circle Rd Lexington, KY 40505

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    1300 E New Circle Rd Lexington, KY 40505


    • Office buildings
    • 34,344 SF
    • 2.52 lot acres
    Lexington Mixed-Use Business Center For Lease
    $4,230,000
    309,135 SF

    Lexington Mixed-Use Business Center

    Five-building mixed-use development with office, retail, flex, and warehouse space.

    1300 E New Circle Rd, Lexington, KY 40505
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Summit Salon Academy / Vocational School / Training Center
    • Hopebridge Autism Therapy Center / Medical Clinic
    • Precision Tools Services Inc. / Department Store
    • Nekari Hill / Counselor
    • Christopher Siegel / Physician / Medical Clinic

    Property Details for 1300 E 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 Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,230,000
      Market price range: $2.97M - $7.56M
      AI Estimate
      $4,230,000
      Market price range: $2.97M - $7.56M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,820,000
      Current use
      WAREHOUSE, STORAGE
      $5,995,000
      Change: +24% Conversion: Difficult
      RETAIL STORES
      $4,850,000
      Change: +1% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    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
    View Listing
    More about this property
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