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    Property profile & analytics

    118 New Cir Rd Lexington, KY 40505-2115

    • Retail space
    • 13,259 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US34-0626542
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CVS Pharmacy / Pharmacy
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service
    • CVS / Drug Store / Beauty Supply Store
    • CVS Photo / Digital Printer / Photo Lab
    • Coinhub Bitcoin ATM Teller / Atm

    Property Details for 118 New Cir Rd

    Year built
    2010
    Lot size
    1.86 lot acres
    Property size
    13,259 SF
    Zone code
    B-3
    Property type
    Retail space
    APN
    15362300
    APU
    15362300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4702
    Latitude
    38.0645
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $69,559
    $0.00
    $0.00
    $5,625,000
    -
    $0.00
    $0.00
    $5,625,000

    Comparable in this City

    • Value Estimation by Request
      1,879 SF

      1312 Limestone

      RETAIL STORES (PERSONAL SERVICES) • 1,879 SF
      1312 Limestone, Lexington, KY 40505-3244
      View Details
    • Value Estimation by Request
      1,566 SF

      1824 Bryan Sta Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,566 SF
      1824 Bryan Sta Rd, Lexington, KY 40505-2232
      View Details
    • Value Estimation by Request
      5,333 SF

      1309 New Cir Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,333 SF
      1309 New Cir Rd, Lexington, KY 40505-4214
      View Details
    • Value Estimation by Request
      34,018 SF

      1263 New Cir Rd

      RETAIL STORES (PERSONAL SERVICES) • 34,018 SF
      1263 New Cir Rd, Lexington, KY 40505-4290
      View Details
    • Value Estimation by Request
      8,036 SF

      145 New Cir Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,036 SF
      145 New Cir Rd, Lexington, KY 40505-2114
      View Details
    • Value Estimation by Request
      11,099 SF

      1307 Winchester Rd

      RETAIL STORES (PERSONAL SERVICES) • 11,099 SF
      1307 Winchester Rd, Lexington, KY 40505-4124
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Free-Standing Retail Building with Drive-Thru

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      Versatile Lexington Showroom/Office Opportunity

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      Lexington Restaurant w/ Drive-Thru

      Freestanding Restaurant, High Traffic Area
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    • Contact for pricing

      Former Car Wash on Acreage

      Freestanding car wash on 1.06 acres with high visibility.
      1537 N Limestone, Lexington, KY 40505
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    • $1,170,000
      1.30 Acres

      Prime Retail Land with Income

      1.3 acres of retail land near downtown Lexington.
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    Similar Nearby for Lease

    • $15 SF/Yr
      5,318 SF

      Retail Units on Winchester Road

      Remodeled retail units available on Winchester Road in Lexington, KY.
      1104 Winchester Rd, Lexington, KY 40505
      View Details
    • $8 SF/Yr
      17,579 SF

      Versatile Flex Space on Winchester Road

      17,579 SF flex space near downtown Lexington.
      800 Winchester Rd, Lexington, KY 40505
      View Details
    • $18 SF/Yr
      1,894 SF

      Mixed-Use Space in Lexington, KY

      Mixed-use property with office and retail space available for rent.
      1021 N Limestone, Lexington, KY 40505
      View Details
    • $19 SF/Yr
      564 SF

      Mixed-Use Property in Lexington, KY

      High-visibility office and retail space in Lexington, Kentucky.
      1021 N Limestone, Lexington, KY 40505
      View Details
    • $15 SF/Yr
      1,300 SF

      Lexington Retail/Office Space Available

      Visible Lexington commercial center with ample parking and flexible layouts.
      565 E New Circle Rd, Lexington, KY 40505
      View Details
    • $19 SF/Yr
      1,128 SF

      Mixed-Use Property in Lexington, KY

      Mixed-use property with retail and office space available for rent.
      1021 N Limestone Unit 112/114, Lexington, KY 40505
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      2.4k
    • Avg Time on site
      31 min
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    118 New Cir Rd
    Lexington, KY 40505-2115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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