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Financial
Distress signals
Property profile

319 Cedar St Lexington, KY 40508

OFF-MARKET
Turn key restaurants
Property ID
US34-2265311
6,192 SF 0.23 ac lot Built 2012
Last sale Apr 2024 · $1,290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A, 8,700 square foot, four-story brick building offers a reimagined retail and restaurant leasing opportunity in the heart of downtown Lexington, Kentucky. Located steps from Rupp Arena and the University of Kentucky campus, this highly visible corner location on South Broadway and Cedar Street boasts approximately 26,000 vehicles passing daily and significant foot traffic. The available space totals approximately 4,200 square feet of first-floor retail/restaurant…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$1.27M
Effective rate1.24%

Value estimate

· Oct 2026
$1.29M
$1.16M – $1.42M
AI approach$1.29M
Submarket $/SF estimate$1.72M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$326/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$192 – $508

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-2A
The intent of this zone is to accommodate existing and proposed development in the transitional frame which surrounds the downtown core a...
General categoryCOMMERCIAL
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 Store9.0
Garden Center9.0
Laundromat8.6

Location

319 Cedar St Lexington, KY 40508-2947
County assessor Recorded deeds · 5 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
385 Limestone, Lexington, KY 40508-3090 $2,500,000 Apr 2025 6,008 SF
606 Broadway, Lexington, KY 40508-3126 $2,300,000 Aug 2024 7,660 SF
1064 Manchester, Lexington, KY 40508-2422 $988,950 Feb 2024 7,020 SF
119 Loudon, Lexington, KY 40508-1411 $150,000 Aug 2023 5,160 SF
503 Uppr, Lexington, KY 40508-2919 $910,000 Jun 2022 3,965 SF
159 Jefferson, Lexington, KY 40508-1758 $1,200,000 Apr 2022 6,467 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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