Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

248 E Market St Louisville, KY 40202

FOR LEASE
Retail space
Property ID
US34-2131416
4,538 SF 0.29 ac lot Built 1985
Last sale Dec 2022 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
248 E Market St, Louisville, KY 40202 For Lease
$16 SF/Yr 5,148 SF available
248 E Market St, Louisville, KY 40202
View Listing

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?
$9k
Tax billed · 2023
Assessed value$650k
Assessed land$501k
Assessed improvement$149k
Effective rate1.43%

Value estimate

· Nov 2026
$570k
$513k – $627k
AI approach$610k
CAP approach$805k
Submarket $/SF estimate$720k
NOI build-up
Gross scheduled income$93k
Vacancy & credit loss−$8k
Operating expenses−$25k
NOI · 370,943.75% cap applied$59k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 396 recorded sales of this use type
Observed band · Q1–Q3$64 – $215
Qualifying comparables7

Cap rate analysis

How does the asset earn?
370,943.75%
$59k 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?
C3-CENTRAL BUSINESS
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Bookstore
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bookstore7.8
Laundry Service7.8
Pet Grooming Service7.7

Location

248 E Market St Louisville, KY 40202
County assessor Recorded deeds · 1 transfer 7 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
100 Broadway, Louisville, KY 40202-2110 $2,810,000 Mar 2025 3,600 SF
625 Broadway, Louisville, KY 40202-1755 $105,000 Feb 2023 2,900 SF
638 Market, Louisville, KY 40202-1117 $1,107,099 Sep 2022 5,015 SF
746 Market, Louisville, KY 40202-1008 $2,600,000 Feb 2022 6,145 SF
748 Market, Louisville, KY 40202-1008 $2,600,000 Feb 2022 2,726 SF
715 Chestnut, Louisville, KY 40202 $458,500 Aug 2021 6,368 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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