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Financial
Distress signals
Property profile

131 Kentucky Ave Lexington, KY 40502

FOR SALE
Retail space
Property ID
US34-0584738
2,648 SF 0.19 ac lot Built 1972
Last sale Sep 2019 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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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?
$8k
Tax billed · 2023
Assessed value$675k
Effective rate1.24%

Value estimate

· Oct 2026
$660k
$594k – $726k
Submarket $/SF estimate$875k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$8k
Operating expenses−$10k
NOI · 2.28% cap applied$30k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$120 – $330

Cap rate analysis

How does the asset earn?
2.28%
$30k 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?
R-3
The intent of this zone is to provide for medium density mixed residential development including multi family dwellings and group residen...
General categoryRESIDENTIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.7
HVAC Service9.5
Locksmith8.3

Location

131 Kentucky Ave Lexington, KY 40502
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
193 Kentucky, Lexington, KY 40502-1754 $583,000 Mar 2025 3,088 SF
802 Euclid, Lexington, KY 40502-1742 $585,000 Jun 2021 2,400 SF
314 Ashland, Lexington, KY 40502-1730 $700,000 May 2021 2,330 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
317 Ashland, Lexington, KY 40502-1729 $650,000 Oct 2020 2,227 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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