Financial
Distress signals
Property profile

435 E New Circle Rd Lexington, KY 40505

FOR SALE
Grocery and convenience stores
Property ID
US34-0605744
3,200 SF 0.97 ac lot Built 2006
Last sale Nov 2023 · $2,313,990
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an automotive sales site in Lexington, Kentucky, located on New Circle Road along a heavily traveled commercial corridor. It includes two parcels totaling 0.652 acres and is zoned B-3. Improvements feature a 2,400-square-foot office and showroom constructed in 2016, with furniture, fixtures, and equipment present as part of the existing setup. The dealership business has been operated at the location for an extended period, and the site provides direct street exposure on New Circle Road with recorded average traffic of 18,398 vehicles per day.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.57M
Effective rate1.24%

Value estimate

· Sep 2026
$3.37M
$3.03M – $3.71M
Sales comparison$2.75M
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 1.70% cap applied$23k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1.70%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
The intent of this zone is to provide for retail and commercial uses, which are necessary to the economic vitality of the community but m...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.5
Law Firm13.8
Dental Office13.4

Location

435 E New Circle Rd Lexington, KY 40505
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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