1008 W New Circle Road, Lexington, KY 40511
$1,025,000
Property Type:
Commercial Sale
Square Footage:
10,000
Lot Size (sq. ft.):
31,363
Status:
Closed
Current Price:
$1,025,000
List Date:
11/01/2019
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1925469
Listing Information
- Property Sub Type
- Industrial
Status Change Information
- Price Change Timestamp
- 2020-01-01T00:53:36Z
- Status Change Timestamp
- 2019-12-31
- Purchase Contract Date
- 2019-11-01
- Close Date
- 2019-12-12
- Close Price
- 1025000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- n/a
Address
- County
- Fayette
- Street Number
- 1008
- Street Direction Prefix
- W
- Street Name
- New Circle
- Street Suffix
- Road
- Street Suffix Modifier
- 1010
- State
- KY
- Zip Code
- 40511
- Parcel Number
- 10039060
Contract
- Original List Price
- 1075000
- Start Showing Date
- 2019-11-01
- Listing Contract Date
- 2019-11-01
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 107.5
- Sold Price/SqFt
- 102.5
- SP/LP
- 0.95
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- New Circle
Interior
- Living Area
- 10000
- Building Area Total
- 10000
More Information
Building
- Year Built
- 1988
- Stories Total
- Yes
Lot
- Lot Size Acres
- 0.72
- Lot Size Square Feet
- 31363.23
Utilities
- Cooling YN
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Water Available
- Yes
Remarks
- Public Remarks
- Current tenant has long term lease for 5,000 sq. feet with possiblity of additional 5 year extension. Remaining 5,000 sq. is presently occupied by owners. Front lot is used by a landscape company on a month to month basis. Front lot presents opportunity to expand. Access will be on Finney Drive after New Circle expansion is completed in 2019. After New Circle Rd is completed, Georgetown Rd. exit to Finney Dr.
Building and Property Details
- Building Expansion Potential YN
- Yes
- # of Dock Doors
- 8
- # of Drive-in Doors
- 3
- # of Men's Restrooms
- 2
- # of Women's Restrooms
- 2
Showing Information
- Showing Instructions
- Call Listing Agent for Access
Tax & Legal
- Tax Rate
- 1.2774
- Zoning Description
- L
- Directions
- I-75 to Exit 113, go towards Lexington on N Broad- way, turn right on New Circle Rd. Use the US25 ramp to Lex/Georgetown exit. Left on Georgetown St. Turn left on KY-4(New Circle Rd.) East ramp and continue 0.2 miles. Property is on right
Association/Community
- Number Of Buildings
- 1
Construction Materials
- Block
- Yes
- Steel Frame
- Yes
Parking Features
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Membrane
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Concrete Floor
- Yes
Business Type
- Industrial
- Yes
- Warehouse
- Yes
Ceiling
- Open
- Yes
Docks
- 4-10 Docks
- Yes
Electric
- 3 Phase
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
Property Features
Utilities:
Electricity Available; Natural Gas Available; Phone Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Water Available
Building Features:
Concrete Floor
Business Type:
Industrial; Warehouse
Ceiling:
Open
Construction Materials:
Block; Steel Frame
Docks:
4-10 Docks
Electric:
3 Phase
Parking Features:
Paved
Possession:
Close Of Escrow
Roof:
Membrane
Sale Includes:
Building(s); Land
Sewer:
Public Sewer
Special Listing Conditions:
Standard
Tenant Pays:
Electricity; Gas
Water Heater:
Water Heater
Listing Office:
Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.