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Fayette County property values rise to nearly $23 billion; Fayette Mall has largest single assessment

Fayette Mall in Lexington.
Fayette Mall in Lexington. Lexington Herald-Leader

Fayette County property values continued to rise in 2014, according to the annual report released Friday by David O'Neill, property valuation administrator. Total taxable real property in Fayette County is worth nearly $23 billion in residential, commercial, multifamily housing and farms.

The largest individual property assessments in the county were:

■ Fayette Mall ($67 million for 3401 Nicholasville Road and $50 million for 3615 Nicholasville Road).

■ Lexmark International, $43.6 million.

■ Keeneland Association, $43.5 million.

■ Sir Forty 57 (Forty 57 at Glasford apartments at 4057 Mooncoin Way), $43.3 million.

■ Regal Cinemas and other Fourth Quarter Property at 1970 Pavilion Way in Hamburg, $41 million.

■ Fayette Plaza at 150 Rojay Drive, $40 million.

■ Newtown Crossing at 358 Foreman Avenue, $37 million.

■ Griffin Gate Marriott at 1800 Newtown Pike, $36.2 million.

■ The Lex (Shelbourne Campus Properties at 501-511 South Broadway), $30.3 million.

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