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435 E New Circle Rd - 435-445 E New Circle Road, Lexington, KY 4050 2,400 SF Specialty Building Offered at $1,370,000 in Lexington, KY 40505
Investment Highlights
- Purpose-built for auto sales
- Convenient access, and an established location on popular Lexington Rd
- Strong daily traffic
Executive Summary
Opportunity to own the real estate and business at 435-445 E New Circle Road in Lexington, Kentucky, a turnkey luxury auto sales property located along the most heavily traveled road in Lexington.
The offering includes two parcels totaling 0.652 acres, a newly constructed 2,400 SF office/showroom, and the Paradise Motors auto sales business, which has successfully operated at this location for 23 years. After more than two decades of building a strong and reputable business, the owner is transitioning ownership to pursue other opportunities.
Due to zoning and regulatory restrictions, new auto dealership licenses are not being issued, creating a rare opportunity to acquire an established dealership location with an existing customer base.
The property benefits from 18,398 VPD, high visibility along E New Circle Road, strong traffic counts, and excellent accessibility, and includes all existing furniture, fixtures, and equipment.
Paradise Motors maintains a strong reputation with 4.6 stars and 300 Google reviews, a 4.9 KBB.com Dealer Rating, and an A+ BBB rating, reflecting more than two decades of successful operation.
The offering includes two parcels totaling 0.652 acres, a newly constructed 2,400 SF office/showroom, and the Paradise Motors auto sales business, which has successfully operated at this location for 23 years. After more than two decades of building a strong and reputable business, the owner is transitioning ownership to pursue other opportunities.
Due to zoning and regulatory restrictions, new auto dealership licenses are not being issued, creating a rare opportunity to acquire an established dealership location with an existing customer base.
The property benefits from 18,398 VPD, high visibility along E New Circle Road, strong traffic counts, and excellent accessibility, and includes all existing furniture, fixtures, and equipment.
Paradise Motors maintains a strong reputation with 4.6 stars and 300 Google reviews, a 4.9 KBB.com Dealer Rating, and an A+ BBB rating, reflecting more than two decades of successful operation.
Property Facts
| Price | $1,370,000 | Lot Size | 0.69 AC |
| Price Per SF | $570.83 | Building Size | 2,400 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2016 |
| Building Class | B | Parking Ratio | 27.5/1,000 SF |
| Price | $1,370,000 |
| Price Per SF | $570.83 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 0.69 AC |
| Building Size | 2,400 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Parking Ratio | 27.5/1,000 SF |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $501,000 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$501,000
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435 E New Circle Rd - 435-445 E New Circle Road, Lexington, KY 4050
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