Technical
Financial
Distress signals
Property profile

1171 New Cir Rd Lexington, KY 40505

OFF-MARKET
Automotive properties
Property ID
US34-0587414
4,480 SF 2.05 ac lot Built 2014
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity presents a 4,480 square foot free-standing building situated on East New Circle Road in Lexington, Kentucky. The property boasts a highly desirable B-3 zoning classification and is ideally positioned for optimal visibility and accessibility. With over two acres of expansive parking, this single-tenant building offers ample space for customers and employees. The location benefits from exceptional traffic counts, averaging 39,049 vehicles per day on New Circle Road, ensuring significant exposure to potential clientele. Its convenient proximity to Interstate 75, just three miles away, provides easy access for both local and regional customers. The surrounding area is vibrant, featuring a concentration of shopping, dining, and other retail establishments, creating a synergistic environment for business growth. This property is perfect for a variety of retail uses and presents a unique chance to establish a strong presence in a high-traffic location. The building is a single-story structure, classified as Class B, and is available for lease as a single tenant space. The ample parking and high visibility make this an attractive option for businesses seeking a prominent location in Lexington.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2014
Total area 4,480 SF
Lot 2.05 ac (89,211 SF)
Zoning code B-3
APN 23446675
UPID US34-0587414

Cap rate & NOI

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

Location

1171 New Cir Rd Lexington, KY 40505-4128
Lexington metro Census 3909 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$550k

Owner & transaction history

since 2025
1 recorded transaction
2025
$2.4M

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1171 New Cir Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message