Financial
Distress signals
Property profile

706 Broadway Louisville, KY 40202

OFF-MARKET
Retail space
Property ID
US34-2389875
11,220 SF 0.27 ac lot Built 1954
Last sale Sep 2025 · $440,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 5,610-square-foot retail/office space located near the Medical & Education District in Louisville (LOUMED), positioned to serve both pedestrian and vehicle traffic. The property is zoned C-2, supporting a range of retail, office, and service uses, including medical or dental offices, rehab clinics, boutique retail, cafés, fitness studios, salons, liquor stores, and fast-casual restaurant concepts. It is situated in proximity to major district developments, including the Prestonian development

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$5k
Tax billed · 2023
Assessed value$374k
Assessed land$258k
Assessed improvement$116k
Effective rate1.34%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 396 recorded sales of this use type
Observed band · Q1–Q3$64 – $215
Qualifying comparables4

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?
C2-COMMERCIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.7
Laundromat8.8
Pet Grooming Service8.5

Location

706 Broadway Louisville, KY 40202-1712
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
618 Broadway, Louisville, KY 40202-1710 $60,300 Nov 2024 8,446 SF
607 Market, Louisville, KY 40202 $5,160,000 Mar 2024 12,906 SF
615 Market, Louisville, KY 40202-1116 $7,125,000 Feb 2023 18,819 SF
722 Main, Louisville, KY 40202-2634 $1,000,000 Jul 2022 16,560 SF
625 Jefferson, Louisville, KY 40202-1150 $1,800,000 Jun 2022 17,160 SF
556 4th, Louisville, KY 40202-2504 $1,150,000 Feb 2022 15,912 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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