Technical
Financial
Distress signals
Property profile

481 New Cir Rd Lexington, KY 40511

OFF-MARKET
Strip malls
Property ID
US34-0424605
19,762 SF 2.29 ac lot Built 2015
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Total area 19,762 SF
Lot 2.29 ac (99,578 SF)
Zoning code B-3
APN 15521300
UPID US34-0424605

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Discount Store
  • Grocery & Convenience Store Specialty Food Shop
  • (Bike/Boat/Book/etc) Store
  • Bakery Specialty Food Shop

Location

481 New Cir Rd Lexington, KY 40511-1848
Lexington metro Census 3804 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
by Request
Blend (final) Blend
$1.77M

Owner & transaction history

since 2011
1 recorded transaction
2011
$1.8M

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

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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