Financial
Distress signals
Property profile

2497 Palumbo Dr Lexington, KY 40509

OFF-MARKET
Industrial properties
Property ID
US34-0448248
49,975 SF 2.04 ac lot Built 1973
Last sale May 2019 · $3,350,391
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 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?
$28k
Tax billed · 2023
Assessed value$2.28M
Effective rate1.24%

Value estimate

· Sep 2026
$3.40M
$3.06M – $3.74M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$222/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$88 – $429

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?
I-1
I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or cli...
General categoryINDUSTRIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Veterinary Clinic8.6
Convenience Store8.2

Location

2497 Palumbo Dr Lexington, KY 40509-1116
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2456 Fortune, Lexington, KY 40509-4240 $6,150,018 Jul 2025 52,050 SF
2432 Fortune, Lexington, KY 40509-4269 $12,650,018 Jul 2025 38,159 SF
2437 Fortune, Lexington, KY 40509-4213 $4,100,018 Jul 2025 24,916 SF
522 Codell, Lexington, KY 40509-1016 $2,000,000 Jan 2023 32,160 SF
2375 Fortune, Lexington, KY 40509-4111 $8,430,000 Jul 2022 74,150 SF
1720 Fortune, Lexington, KY 40509-4104 $33,000,000 Jan 2019 31,606 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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