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Property profile & analytics
OFF-MARKET Estimated value $3,585,000
Retail space

1263 New Cir Rd Lexington, KY 40505-4290

34,018 SF 1.13 ac lot Built 1975
Entity Owned ~ Est. High Equity
Property ID
US34-0407611
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Total area 34,018 SF
Lot 1.13 ac (49,005 SF)
Zoning code I-1
APN 15761953
UPID US34-0407611
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aqua Living Factory Outlets Spa & Massage Center
  • Golfcarts.com Golf Cart Dealer
  • Visual Edge IT Kentucky | Lexington | Commonwealth Technology Tech Support Center IT Consulting Firm
  • Best Mattress & Beds Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.59M
Blend (final) Blend
$3.59M
Owner & transaction history
New Circle Industrial LLC
New Circle Industrial LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
I-1 · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 client visits to the residence (excluding pick-up or pre-ordered items or drop-off of items to be repaired); and materials or equipment used in the conduct of the home occupation is limited to items that have minimal potential…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 4,436.91 ac
Top alternative use upside
Warehouse, storage $5.9M +23.6%
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