Financial
Distress signals
Property profile

428 Downes Ln Louisville, KY 40214

OFF-MARKET
Manufacturing properties
Property ID
US34-0306110
6,000 SF 0.97 ac lot Built 1977
Last sale Aug 2024 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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.

Mortgages

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?
$2k
Tax billed · 2023
Assessed value$116k
Assessed land$91k
Assessed improvement$25k
Effective rate1.34%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$52/SF
Submarket average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$27 – $76

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?
M2-INDUSTRIAL
JurisdictionJEFFERSON

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 agency18.8
Spa & Massage14.3
Hair Salon14.2

Location

428 Downes Ln Louisville, KY 40214-3042
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
215 Steedly, Louisville, KY 40214-2947 $420,000 Mar 2025 5,824 SF
4800 Allmond, Louisville, KY 40214-2506 $3,002,994 Aug 2024 7,260 SF
439 Downes, Louisville, KY 40214-3003 $375,000 Apr 2024 5,000 SF
140 Woodlawn, Louisville, KY 40214-1902 $550,000 Jul 2022 8,658 SF
6224 Strawberry, Louisville, KY 40214-2929 $200,000 Jun 2021 7,328 SF
7913 3rd St, Louisville, KY 40214-5515 $400,000 Nov 2020 9,252 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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