Property profile

540 New Cir Rd Lexington, KY 40511

OFF-MARKET
Drive through restaurants
Property ID
US34-0517772
2,911 SF 1.33 ac lot Built 1978
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1978
Total area 2,911 SF
Lot 1.33 ac (57,935 SF)
Zoning code B-6P
APN 11988051
UPID US34-0517772

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
  • Restaurant Take-out & Catering

Location

540 New Cir Rd Lexington, KY 40511-1833
Lexington metro Census 1300 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$7.2M
5 recorded transactions
2025
$7.2M
2024
Price N/A
2021
$988,950
2021
$988,950
2009
$6.1M

Zoning & alternative use

B-6P · Lexington, KY
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…

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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