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    1560 New Cir Rd Lexington, KY 40509-1022
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    Property profile & analytics

    1560 New Cir Rd, Lexington, KY 40509-1022

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    • Automotive properties
    • 47,691 SF
    • 6.72 lot acres
    Off-Market
    Last Sale Dec 15, 2022
    $15,500,000
    Property ID
    US34-0587905
    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.
    Value Estimations
    $17,930,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Freedom Chrysler Dodge Jeep Ram of Lexington / Car Dealership
    • Glenn Used Car Superstore - Lexington / Car Dealership

    Property Details for 1560 New Cir Rd

    Year built
    1970
    Lot size
    6.72 lot acres
    Zone code
    B-3
    Property type
    Automotive properties
    APN
    11099950
    APU
    11099950

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 15, 2022 $15,500,000 Lithia Real Estate INC Lexington New Circle Freedom Real P Deed —
    Jul 23, 2020 — Lexington New Circle Freedom Real P — Deed · related $11.2M · Hyundai Capital America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $21,240,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $18,821,000
      Market price range: $8.02M - $35.3M
      AI Estimate
      $18,599,000
      Market price range: $7.53M - $35.3M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $17,430,000
      Current use
      RESTAURANT
      $15,560,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4574
    Latitude
    38.0187
    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
    $137,986
    $0.00
    $0.00
    $11,158,500
    -
    $0.00
    $0.00
    $11,158,500

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      3340 Richmond Rd

      VEHICLE SALES, RENTALS
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    • Value Estimation
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      VEHICLE SALES, RENTALS
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      976 Beasley St

      VEHICLE SALES, RENTALS
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    • Value Estimation
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      8,261 SF

      3390 Richmond Rd

      VEHICLE SALES, RENTALS
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      View Details

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      1.30 Acres

      Prime Retail/Restaurant Outlot Opportunity

      1.3-acre outlot ideal for retail or restaurant with high visibility.
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      Community Shopping Center For Sale

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      Retail Space in Hamburg Place

      Retail spaces available in regional shopping center near I-75.
      2321 Sir Barton Way, Lexington, KY 40509
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      Land For Sale Lexington, KY

      10 acre land parcel available in Lexington, Kentucky.
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      Rare Lexington Acreage Opportunity

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    Similar Nearby for Lease

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      Retail Center in Southeast Lexington

      Recently constructed retail center with drive-thru in Lexington, Kentucky.
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      Retail Sublease Opportunity Lexington

      Retail sublease opportunity in Lexington, near Hamburg and I-75/64.
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      New Retail Space in Lexington

      New construction retail space with tenant improvement allowance.
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      Lexington Retail Space For Lease

      Retail space available in a busy Lexington shopping center.
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    • $9 SF/Yr
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      Community Shopping Center For Rent

      Community shopping center with high traffic and excellent visibility.
      1555 E New Circle Rd, Lexington, KY 40509
      View Details
    • Contact for pricing

      Retail Space Inside Meijer

      Prime retail space available within high-traffic Meijer stores.
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      View Details

    Property Visit Statistics

    • Visits by month
      5.7k
    • Visitors by month
      4.6k
    • Avg Time on site
      40 min
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    1560 New Cir Rd
    Lexington, KY 40509-1022
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