Financial
Distress signals
Property profile

510 New Cir Rd Lexington, KY 40505

OFF-MARKET
Retail space
Property ID
US34-0589345
17,247 SF 1.18 ac lot Built 1980
Last sale May 2022 · $1,624,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$20k
Tax billed · 2023
Assessed value$1.62M
Effective rate1.24%

Value estimate

· Sep 2026
$2.23M
$2.00M – $2.45M
CAP approach$2.53M
Submarket $/SF estimate$2.26M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$141/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$92 – $212

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.2
Realty agency11.3
Bakery10.3

Location

510 New Cir Rd Lexington, KY 40505-9006
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1104 Winchester, Lexington, KY 40505-4029 $600,000 Dec 2023 12,970 SF
597 601st E New Cir, Lexington, KY 40505 $650,000 Nov 2023 8,500 SF
2009 Family, Lexington, KY 40505-4167 $10,342,000 Nov 2022 21,600 SF
933 Liberty, Lexington, KY 40505-3936 $1,250,000 Jun 2022 11,000 SF
1141 Industry, Lexington, KY 40505-3811 $2,750,000 May 2022 39,116 SF
968 Delaware, Lexington, KY 40505-3910 $5,100,000 Jan 2022 10,686 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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