Financial
Distress signals
Property profile

121 Mechanic St Lexington, KY 40507

OFF-MARKET
Auto shops
Property ID
US34-0408428
4,052 SF 0.16 ac lot Built 1952
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
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$396k
Effective rate1.24%
Value estimate · Sep 2026
$670k
$603k – $737k
Sales comparison$682k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$366/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$168 – $741
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-2A
(c) In the Downtown Business Frame (B-2A) zone, where at least fifty (50%) percent of dwelling units of a lot are being provided at an af...
General categoryCOMMERCIAL
JurisdictionFAYETTE
Location intelligence

Which uses thrive at this corner?

Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center10.0
Wine and Liquor Store10.8
Dry Cleaner10.0

Location

121 Mechanic St Lexington, KY 40507-1002
County assessor Recorded deeds · not on file 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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