Property profile

255 New Cir Rd Lexington, KY 40505

OFF-MARKET
Turn key restaurants
Property ID
US34-0448937
2,746 SF 0.76 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Total area 2,746 SF
Lot 0.76 ac (33,106 SF)
Zoning code B-3
APN 25553000
UPID US34-0448937

Cap rate & NOI

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

Location

255 New Cir Rd Lexington, KY 40505-1425
Lexington metro Census 3102 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
$853k
Blend (final) Blend
$855k

Owner & transaction history

since 2025
Last sale
$630,000
3 recorded transactions
2025
Price N/A
2021
$630,000
2018
Price N/A

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
Top alternative use upside
Auto repair, garage $1.0M +12.0%

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
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