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Financial
Distress signals
Property profile

341 Limestone Lexington, KY 40508

OFF-MARKET
Retail space
Property ID
US34-0508777
2,723 SF 0.11 ac lot Built 1965
Last sale Apr 2025 · $1,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,723 square foot, single-tenant restaurant building situated on a prominent corner lot at 341 S Limestone in Lexington, Kentucky. The property, built in 1965 and extensively renovated in 2023, boasts superior construction and a desirable B-1, Neighborhood Business zoning. Currently 100% occupied by Okome Asian Grill under a new long-term lease, this asset benefits from its strategic location within the heart of the University of Kentucky…

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$638k
Effective rate1.24%

Value estimate

· Oct 2026
$810k
$729k – $891k
Submarket $/SF estimate$812k

Realmo valuation models over county records and 3 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 comparables3

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-1
The intent of this zone is to accommodate neighborhood shopping facilities to serve the needs of the surrounding residential area
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 Store18.7
Garden Center14.5
Wholesale Shop14.0

Location

341 Limestone Lexington, KY 40508-3054
County assessor Recorded deeds · 1 transfer 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 Versailles, Lexington, KY 40508-3144 $950,000 Jun 2025 3,192 SF
400 Limestone, Lexington, KY 40508-1874 $780,000 Oct 2023 3,368 SF
1208 Old Main, Lexington, KY 40508-2058 $216,469 Apr 2022 3,469 SF
125 Walton, Lexington, KY 40508-2315 $445,000 Sep 2021 2,887 SF
1396 Main, Lexington, KY 40508-2048 $650,000 Mar 2020 2,754 SF
1203 Versailles, Lexington, KY 40508-3117 $227,000 Nov 2019 2,840 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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