Building Details

Year built 2016

Listing Agency: Keller Williams Commonwealth · Keller Williams Realty k***@kw.com Show Phone

Listed By: Bryan Little · License #217370 Show Phone

Added: Aug 31 Last Checked: Sep 1 at 12:06PM

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MLS# 26023843

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Investment Insights

Based on property information with market context.

The offering combines the Paradise Motorsports business with a freestanding automotive office and showroom at 435 E New Circle Road. The 2,400 SF facility was built in 2016 and has been renovated, with furniture, fixtures, and equipment included. The sale encompasses two parcels totaling 0.652 acres and carries B-3 zoning.

The property fronts E New Circle Road in Lexington and records 18,398 VPD, providing direct exposure along a major commercial corridor. Paradise Motorsports has operated from this location for 23 years. New auto dealership licenses are restricted by zoning and regulatory requirements, making the included established dealership operation a central component of the offering.

Key Highlights

• Established Paradise Motorsports dealership operating at the location for 23 years
• 2,400 SF freestanding office and showroom built in 2016
• Two parcels totaling 0.652 acres

Property Analytics

Property Profile

Current Use

Shell Gas Station Caseys Gas Station Minit Mart Grocery & Convenience Store Coin Cloud Bitcoin ... Atm EG America Gas Station

Suggested Use

Top Pick Law Firm Real Estate Agency Bakery Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18,398 VPD

Traffic count

Turnkey business

Opportunity

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

687

Businesses Nearby

145k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 35% Dining 30% Groceries 29% Apparel 5%

Kroger Groceries

41,668 visits/mo 0.1 miles

Dutch Bros. Coffee Dining

17,001 visits/mo 0.4 miles

White Castle Dining

16,054 visits/mo 0.3 miles

Speedway Shops & Services

11,871 visits/mo 0.0 miles

Kroger Fuel Center Shops & Services

11,543 visits/mo 0.2 miles

Demographics for 40505, KY

26,278

Population

12,026

Households

2.2

Avg Household Size

39

Median Age

23%

College-Educated

86%

High-School Grad

8.0 sq mi

ZIP Area

3,285

Density / Sq Mi

$58,922

Median Household Income

$33,517

Median Earnings

$914

Median Rent

$166,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this automotive properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Automotive property - Renovated commercial facility includes an established dealership business, furniture, fixtures, and equipment.

Where is this automotive property located?

The property is located at 435 E New Circle Road Lexington, KY.

What is the asking price?

The asking price for this property is $1,340,000.

What are key features of this property?

This property features: Established Paradise Motorsports dealership operating at the location for 23 years; 2,400 SF freestanding office and showroom built in 2016; Two parcels totaling 0.652 acres