Your AI Navigator in Commercial Real Estate
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
    Back to Search
    Property profile & analytics

    1421 Leestown Rd Lexington, KY 40511-2041

    • Retail space
    • 7,058 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0496017
    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

    • Dollar General / Discount Store / Drug Store
    • Western Union / Money Transfer Service / Money Order Service

    Property Details for 1421 Leestown Rd

    Year built
    1954
    Lot size
    0.17 lot acres
    Property size
    7,058 SF
    Zone code
    B-1
    Property type
    Retail space
    APN
    13474200
    APU
    13474200

    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
    -84.5208
    Latitude
    38.0645
    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
    $6,354
    $0.00
    $0.00
    $513,800
    -
    $0.00
    $0.00
    $513,800

    Comparable in this City

    • Value Estimation by Request
      7,932 SF

      547 New Cir Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,932 SF
      547 New Cir Rd, Lexington, KY 40511-1834
      View Details
    • Value Estimation by Request
      14,872 SF

      110 Towne Ctr Dr

      RETAIL STORES (PERSONAL SERVICES) • 14,872 SF
      110 Towne Ctr Dr, Lexington, KY 40511-2027
      View Details
    • Value Estimation by Request
      10,566 SF

      763 Newtown Pike

      RETAIL STORES (PERSONAL SERVICES) • 10,566 SF
      763 Newtown Pike, Lexington, KY 40511-1880
      View Details
    • Value Estimation
      $210,000
      1,160 SF

      1481 Leestown Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,160 SF
      1481 Leestown Rd, Lexington, KY 40511-2041
      View Details
    • Value Estimation by Request
      2,280 SF

      1439 Leestown Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,280 SF
      1439 Leestown Rd, Lexington, KY 40511-2041
      View Details
    • Value Estimation by Request
      6,435 SF

      2028 Parallel Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,435 SF
      2028 Parallel Rd, Lexington, KY 40511-1008
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Suite in North Park Marketplace

      Retail suite in a high-traffic Lexington retail corridor.
      524 W New Circle Rd, Lexington, KY 40511
      View Details
    • Contact for pricing

      Restaurant Space in Lexington Development

      Restaurant space for sublease in a Lexington mixed-use development.
      112 Lucille Dr, Lexington, KY 40511
      View Details
    • Contact for pricing
      25,463 SF

      470 Conway Ct, Lexington, KY 40511

      Commercial real estate • 25,463 SF
      470 Conway Ct, Lexington, KY 40511
      View Details
    • $25,000,000

      Class A Office Building

      100% occupied Lexington office building anchored by long-term tenants.
      1648 Mcgrathiana Pkwy, Lexington, KY 40511
      View Details
    • Contact for pricing

      Lexington Industrial Facility For Sale

      Expansive 688,373 SF industrial facility on 63.3 acres.
      1515 Mercer Rd, Lexington, KY 40511
      View Details
    • Contact for pricing

      Three-Story Office Building in Lexington

      123,432 SF office building near New Circle Road.
      455 Park Pl, Lexington, KY 40511
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,456 SF

      Renovated Retail Space Near Downtown

      Newly renovated retail space with excellent visibility near downtown.
      1408 Leestown Rd, Lexington, KY 40511
      View Details
    • $45 SF/Yr
      4,195 SF

      Restaurant Space in Lexington's Commons

      Prime restaurant space in Lexington's new Entertainment District.
      113 Turner Cmns Way, Lexington, KY 40511
      View Details
    • $30 SF/Yr
      2,560 SF

      Wy Turner Commons Way

      Restaurants • 2,560 SF
      Wy Turner Commons Way, Lexington, KY 40511
      View Details
    • $45 SF/Yr
      4,142 SF

      Lexington Restaurant Space For Rent

      Prime restaurant space in Lexington's new Entertainment District.
      113 Turner Cmns Way, Lexington, KY 40511
      View Details
    • Contact for pricing
      16,290 SF

      Lexington Retail Space Available

      1,125 SF Office/Retail Suite in Lexington, KY
      1437-1441 Leestown Rd, Lexington, KY 40511
      View Details
    • Contact for pricing
      86,700 SF

      Lexington Flex Space Available

      86,700 SF Multi-Use Business Center
      1051 Newtown Pike, Lexington, KY 40511
      View Details

    Property Visit Statistics

    • Visits by month
      8.6k
    • Visitors by month
      6.8k
    • Avg Time on site
      19 min
    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.
    1421 Leestown Rd
    Lexington, KY 40511-2041
    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.