Property profile

1114 Industry Rd Lexington, KY 40505

FOR SALE
Warehouses
Saved · see the list in your Dashboard
Property ID
US34-0508770
2,720 SF 0.21 ac Built 1964
Last sale Aug 2024·$435,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$2k
Tax billed · 2023
Assessed value$184k
Effective rate1.24%

Value estimate

· Nov 2026
$155k
$140k – $171k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 4.35% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$175/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$72 – $350

Cap rate analysis

How does the asset earn?
4.35%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-4
B-4, I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer o...
General categoryINDUSTRIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.5
Law Firm27.1
Nail Salon19.4

Location

1114 Industry Rd Lexington, KY 40505
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1245 Industry, Lexington, KY 40505-3813 $1,000,000 May 2025 1,750 SF
1009 Eastland, Lexington, KY 40505-3801 $230,000 Apr 2024 2,400 SF
104 Brown, Lexington, KY 40505-4147 $362,500 May 2023 2,400 SF
1491 Sunshine, Lexington, KY 40505-2909 $2,785,000 Dec 2022 2,520 SF
1385 Pridemore, Lexington, KY 40505-4118 $205,600 Nov 2022 3,039 SF
712 Downs, Lexington, KY 40505-4202 $100,000 Jul 2022 3,744 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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