Property profile

1399 New Cir Rd Lexington, KY 40505

OFF-MARKET
Retail space
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Property ID
US34-0497207
4,480 SF 1.2 ac Built 1976
Last sale Nov 2023·$1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$1.10M
Effective rate1.24%

Value estimate

· Nov 2026
$2.11M
$1.90M – $2.32M
Submarket $/SF estimate$950k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$141/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$92 – $212
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or cli...
General categoryINDUSTRIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office29.0
Realty agency26.7
Law Firm22.5

Location

1399 New Cir Rd Lexington, KY 40505-4214
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Limestone, Lexington, KY 40505-3521 $500,000 May 2025 4,033 SF
922 Detroit, Lexington, KY 40505-3912 $1,250,000 Jan 2025 3,600 SF
1053 Goodwin, Lexington, KY 40505-3809 $190,000 Nov 2023 5,203 SF
931 Winchester, Lexington, KY 40505-3946 $465,000 Jul 2022 5,200 SF
1145 New Cir, Lexington, KY 40505-4128 $530,000 Apr 2022 3,424 SF
1155 New Cir, Lexington, KY 40505-4128 $630,000 Apr 2022 4,464 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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