Property profile

115 New Cir Rd Lexington, KY 40505

OFF-MARKET
Drive through restaurants
Property ID
US34-0465402
3,118 SF 0.85 ac lot Built 2016
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2016
Total area 3,118 SF
Lot 0.85 ac (37,026 SF)
Zoning code B-3
APN 13431200
UPID US34-0465402

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

115 New Cir Rd Lexington, KY 40505-2114
Lexington metro Census 3201 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$745k

Owner & transaction history

since 2024
Last sale
$745,000
2 recorded transactions
2024
$745,000
2022
$1.0M

Zoning & alternative use

B-3 · Lexington, KY
Zoning description

ional parking regulations.) (d) Screening. Landscaping and screening shall be provided as required in Article 18 . (e) Lot, Yard, and Height Requirements. Lot and yard requirements shall be as for the Corridor Business (…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.1M +12.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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