568 E New Circle Rd Lexington, KY 40505
Meadows-Loudon NeighborhoodEstimated payment $7,926/month
About This Lot
Prime Commercial Opportunity on East New Circle Road, Lexington, KY! This exceptional property boasts a highly visible location in the thriving Eastland neighborhood, offering unparalleled exposure on the heavily trafficked New Circle Road, a major artery with a traffic count of approximately +/- 30,000 vehicles per day. Enjoy effortless connectivity with easy access to major highways, making this an ideal location for businesses seeking convenient transportation routes. Whether you're looking for a retail storefront, office space, or seeking to capitalize on a potentially expanding area, this location presents a wealth of possibilities and a chance to unlock significant growth potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,084
Lot Details
- 1.28 Acre Lot
- Zoning described as (430) C-RETAIL
Community Details
- Eastland Subdivision
Listing and Financial Details
- Assessor Parcel Number 1.2583
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,084 | $572,900 | $0 | $0 |
| 2023 | $7,084 | $572,900 | $0 | $0 |
| 2022 | $6,770 | $530,000 | $0 | $0 |
| 2021 | $6,770 | $530,000 | $0 | $0 |
| 2020 | $6,770 | $530,000 | $0 | $0 |
| 2019 | $6,770 | $530,000 | $0 | $0 |
| 2018 | $6,642 | $520,000 | $0 | $0 |
| 2017 | $6,330 | $520,000 | $0 | $0 |
| 2015 | $5,819 | $520,000 | $0 | $0 |
| 2014 | $5,819 | $520,000 | $0 | $0 |
| 2012 | $5,819 | $520,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $1,349,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $431,520 | Unknown | |
| Closed | $525,000 | Unknown | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $334,605 | Commercial | |
| Previous Owner | $424,738 | Commercial |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25015285
APN: 23903803
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