Realmo Analytics

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Financial
Distress signals
Property profile

2340 Palumbo Dr 2344 Lexington, KY 40509

OFF-MARKET
Retail space
Property ID
US34-0615199
10,000 SF 0.3 ac lot Built 1971
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?

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?
$6k
Tax billed · 2023
Assessed value$479k
Effective rate1.24%

Value estimate

· Oct 2026
$460k
$414k – $506k
Submarket $/SF estimate$1.08M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
Submarket average, outlier-cleaned · 114 recorded sales of this use type
Observed band · Q1–Q3$108 – $298
Qualifying comparables4

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?
I-1
I-1 or I-2 zone. Home occupation means a gainful occupation or profession carried on in a residence that does not involve customer or cli...
General categoryINDUSTRIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office29.1
Realty agency26.8
Law Firm20.5

Location

2340 Palumbo Dr, Unit 2344 Lexington, KY 40509-1011
County assessor Recorded deeds · not on file 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3080 Richmond, Lexington, KY 40509-1507 $3,640,000 Apr 2022 15,444 SF
381 Codell, Lexington, KY 40509-1065 $17,650,000 Apr 2020 13,520 SF
3146 Mapleleaf, Lexington, KY 40509-1258 $220,000 Jul 2019 12,528 SF
3097 Old Todds, Lexington, KY 40509-5001 $3,250,000 May 2019 10,125 SF
101 Mt Tabor, Lexington, KY 40509-1552 $1,000,000 May 2019 7,644 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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