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    Property profile & analytics

    1560 New Cir Rd Lexington, KY 40509-1022

    • Automotive properties
    • 47,691 SF
    • 6.72 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 15, 2022
    $15,500,000
    Location Intelligence
    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.

    Current Use by Public Records

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

    Property Details for 1560 New Cir Rd

    Year built
    1970
    Lot size
    6.72 lot acres
    Property size
    47,691 SF
    Zone code
    B-3
    Property type
    Automotive properties
    APN
    11099950
    APU
    11099950

    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
    -84.4574
    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

    Comparable in this City

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      17,068 SF

      672 Blue Sky Pkwy

      VEHICLE SALES, RENTALS • 17,068 SF
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    • Value Estimation
      $6,595,000
      28,353 SF

      3340 Richmond Rd

      VEHICLE SALES, RENTALS • 28,353 SF
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      128,534 SF

      3180 Richmond Rd

      VEHICLE SALES, RENTALS • 128,534 SF
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      4,800 SF

      976 Beasley St

      VEHICLE SALES, RENTALS • 4,800 SF
      976 Beasley St, Lexington, KY 40509-4100
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    • Value Estimation
      $3,090,000
      8,261 SF

      3390 Richmond Rd

      VEHICLE SALES, RENTALS • 8,261 SF
      3390 Richmond Rd, Lexington, KY 40509-1835
      View Details

    Similar Nearby for Sale

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    • Contact for pricing

      Community Shopping Center For Sale

      Community shopping center with high traffic and multiple access points.
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    Similar Nearby for Lease

    • $27 SF/Yr
      36,000 SF

      Patchen Square Retail Center

      Lexington, KY: Prime Retail Space Available
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    • $25 SF/Yr
      35,460 SF

      Lexington Retail Space: Liberty Rd

      Prime Retail/Office Space, Lexington, KY
      2985 Liberty Rd, Lexington, KY 40509
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    • $20 SF/Yr
      12,000 SF

      Lexington Retail Strip Center

      High-traffic location, 1,150 sq ft available
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    • $25 SF/Yr
      36,000 SF

      Retail Center on Richmond Road

      New retail center with drive-thru in southeast Lexington.
      2860 Richmond Rd, Lexington, KY 40509
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    • $21 SF/Yr
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      Lexington Retail Space For Rent

      Retail spaces available in Lexington at Richmond Rd & Man-O-War.
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    • $20 SF/Yr
      37,500 SF

      French Quarter Square Retail Spaces

      Lexington Retail Center: Multiple spaces available.
      2573 Richmond Rd, Lexington, KY 40509
      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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    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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