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    Property profile & analytics

    688 New Cir Rd Lexington, KY 40505-2948

    • Truck stops
    • 720 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Feb 03, 2020
    $385,000
    Location Intelligence
    Property ID
    US34-0585779
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Featherston Motors LLC / Used Car Dealer
    • Valet Services LLC / Valet Parking Service

    Property Details for 688 New Cir Rd

    Year built
    1990
    Lot size
    0.37 lot acres
    Property size
    720 SF
    Zone code
    B-3
    Property type
    Truck stops
    APN
    10033840
    APU
    10033840

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $285,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $270,000
      Mixed-Use
      $295,000
      Hospitality
      $275,000
      Educational
      $295,000
      Residential Income
      $310,000
      Energy
      $290,000
      Income-Based Land
      $280,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4549
    Latitude
    38.0486
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,761
    $0.00
    $0.00
    $385,000
    -
    $0.00
    $0.00
    $385,000

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      475 New Cir Rd

      TRUCK STOP (FUEL AND DINER) • 1,800 SF
      475 New Cir Rd, Lexington, KY 40505-2648
      View Details
    • Value Estimation by Request
      576 SF

      400 New Cir Rd

      TRUCK STOP (FUEL AND DINER) • 576 SF
      400 New Cir Rd, Lexington, KY 40505-2619
      View Details
    • Value Estimation by Request
      640 SF

      1701 Broadway

      TRUCK STOP (FUEL AND DINER) • 640 SF
      1701 Broadway, Lexington, KY 40505-1403
      View Details
    • Value Estimation by Request
      1,980 SF

      1118 Winchester Rd

      TRUCK STOP (FUEL AND DINER) • 1,980 SF
      1118 Winchester Rd, Lexington, KY 40505-4029
      View Details
    • Value Estimation by Request
      1,848 SF

      568 New Cir Rd

      TRUCK STOP (FUEL AND DINER) • 1,848 SF
      568 New Cir Rd, Lexington, KY 40505-2718
      View Details
    • Value Estimation
      $410,000
      3,560 SF

      1709 Broadway

      TRUCK STOP (FUEL AND DINER) • 3,560 SF
      1709 Broadway, Lexington, KY 40505-1403
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Lexington Restaurant w/ Drive-Thru

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      Free-Standing Retail Building with Drive-Thru

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    Similar Nearby for Lease

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      5,318 SF

      Retail Units on Winchester Road

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    • $8 SF/Yr
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      17,579 SF flex space near downtown Lexington.
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    • Contact for pricing
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      Lexington Business Center: Prime Flex Space

      15,263 SF Flex/Warehouse Available
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    • $18 SF/Yr
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      Mixed-Use Space in Lexington, KY

      Mixed-use property with office and retail space available for rent.
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    • Contact for pricing
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      Lexington Retail Center - High Traffic

      Prime Lexington retail space available. High foot traffic location.
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    • $19 SF/Yr
      564 SF

      Mixed-Use Property in Lexington, KY

      High-visibility office and retail space in Lexington, Kentucky.
      1021 N Limestone, Lexington, KY 40505
      View Details

    Property Visit Statistics

    • Visits by month
      2.9k
    • Visitors by month
      2.2k
    • Avg Time on site
      15 min
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    688 New Cir Rd
    Lexington, KY 40505-2948
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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