Financial
Distress signals
Property profile

1300 New Circle Rd Lexington, KY 40505

FOR LEASE
Office buildings
Property ID
US34-0544370
34,344 SF 2.52 ac lot Built 1984
Last sale Dec 2015 · $14,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value$2.98M
Effective rate1.24%

Value estimate

· Sep 2026
$4.23M
$3.81M – $4.65M
Submarket $/SF estimate$4.23M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$140/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$86 – $220
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
The intent of this zone is to provide for retail and commercial uses, which are necessary to the economic vitality of the community but m...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.3
Dental Office29.1
Restaurant20.2

Location

1300 New Circle Rd Lexington, KY 40505
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1575 Winchester, Lexington, KY 40505-4516 $8,250,018 Jul 2025 47,228 SF
1031 Limestone, Lexington, KY 40505-3557 $600,000 May 2022 8,580 SF
2216 Young, Lexington, KY 40505-4220 $790,500 Jul 2021 14,752 SF
2277 Thunderstick, Lexington, KY 40505-9002 $2,550,000 Apr 2021 40,000 SF
2281 Executive, Lexington, KY 40505-4809 $3,045,000 Oct 2019 40,820 SF
1035 Strader, Lexington, KY 40505-4088 $630,000 Jun 2019 9,405 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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