Property profile

1229 Industry Rd Lexington, KY 40505

OFF-MARKET
Warehouses
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Property ID
US34-0641852
10,000 SF 1.01 ac Built 2008
Last sale Dec 2009·$733,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 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?
$7k
Tax billed · 2023
Assessed value$528k
Effective rate1.24%

Value estimate

· Nov 2026
$685k
$617k – $754k
Submarket $/SF estimate$982k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

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-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 agency34.1
Law Firm25.4
Spa & Massage18.5

Location

1229 Industry Rd Lexington, KY 40505-3813
County assessor Recorded deeds · 2 transfers 3 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
1253 Industry, Lexington, KY 40505-3813 $1,000,000 May 2025 11,060 SF
610 Winchester, Lexington, KY 40505-3727 $810,600 Apr 2024 7,350 SF
1411 Delaware, Lexington, KY 40505-4009 $55,000 Jan 2024 7,932 SF
516 Lagonda, Lexington, KY 40505-4014 $55,000 Jan 2024 7,000 SF
872 Floyd, Lexington, KY 40505-3616 $420,000 Jan 2023 8,512 SF
1048 Eastland, Lexington, KY 40505-3802 $1,800,000 Apr 2022 6,935 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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