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Property profile & analytics
OFF-MARKET Estimated value $1,500,000
Drive through restaurants

464 New Cir Rd Lexington, KY 40511-1831

2,950 SF 1.06 ac lot Built 2000
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US34-2296534
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2000
Total area 2,950 SF
Lot 1.06 ac (46,174 SF)
Zoning code B-6P
APN 38018330
UPID US34-2296534
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
  • Dairy Queen Grill & Chill Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$1.50M
Owner & transaction history
D7 3 LLC · 7 yrs held
D7 3 LLC
since 2019
3 recorded transactions
2022
Price N/A
2019
$656,250
2011
$625,000
Zoning & alternative use
B-6P · Lexington, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Article 12 - COMMERCIAL CENTER (B-6P) ZONE Share Download Bookmark Print Sec. 12-1. - Intent. The intent of the Commercial Center (B-6P) zone is to create centers of activity that promote commerce and retail along major corridors within the community, while supporting existing residential neighborhoods and incorporating new residential opportunities in accor…

Zone name Commercial Center
General category COMMERCIAL
Zone area 1,144.00 ac
Top alternative use upside
Auto repair, garage $1.1M +12.0%
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