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Financial
Distress signals
Property profile

2420 Richmond Rd Lexington, KY 40502

OFF-MARKET
Grocery and convenience stores
Property ID
US34-0562134
3,598 SF 0.42 ac lot Built 1999
Last sale Nov 2023 · $2,679,389
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$1.82M
Effective rate1.24%

Value estimate

· Oct 2026
$3.90M
$3.51M – $4.29M
Submarket $/SF estimate$3.19M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
B-3
The intent of this zone is to provide for retail and commercial uses, which are necessary to the economic vitality of the community but m...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.3
Realty agency16.0
Law Firm14.9

Location

2420 Richmond Rd Lexington, KY 40502-1301
County assessor Recorded deeds · 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
193 Kentucky, Lexington, KY 40502-1754 $583,000 Mar 2025 3,088 SF
109 Clay, Lexington, KY 40502-1701 $650,000 Sep 2023 4,000 SF
125 Clay, Lexington, KY 40502-1701 $549,000 Oct 2022 3,462 SF
210 Old Mt Tabor, Lexington, KY 40502-2985 $280,000 Mar 2021 4,480 SF
821 Euclid, Lexington, KY 40502-1741 $370,000 Dec 2020 2,988 SF
518 High, Lexington, KY 40502-6443 $200,000 Dec 2020 2,640 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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