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Financial
Distress signals
Property profile

1419 Lexington Rd Richmond, KY 40475

FOR SALE
Other office properties
Property ID
US34-1325990
3,261 SF
Last sale Nov 2019 · $360,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a former residence converted to commercial space, located in Richmond, Kentucky, and zoned B-3. After renovations completed in 2016, it features improvements including interior updates as well as exterior upgrades such as a replaced roof, new parking lot, and new exterior and interior paint. The building contains approximately 4,256 square feet on a 0.28-acre site and is arranged across two levels with options for conference space, 8 or more office spaces, and a fully finished…

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?
$3k
Tax billed · 2023
Assessed value$360k
Effective rate0.97%

Value estimate

· Oct 2026
$315k
$284k – $347k
Submarket $/SF estimate$522k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$61 – $162
Qualifying comparables6

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

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 agency21.7
Restaurant18.4
Dental Office16.2

Location

1419 Lexington Rd Richmond, KY 40475
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
212 Wayne, Richmond, KY 40475-2337 $500,000 Sep 2025 3,575 SF
115 Keeneland, Richmond, KY 40475-8687 $500,000 Mar 2025 2,904 SF
229 Churchill, Richmond, KY 40475-3209 $525,000 Jul 2024 4,344 SF
1219 Lexington, Richmond, KY 40475-2801 $160,000 Apr 2024 4,292 SF
1401 Lexington, Richmond, KY 40475-1059 $325,000 Jan 2024 2,396 SF
130 Killarney, Richmond, KY 40475-2310 $300,000 Nov 2023 2,944 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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