Property profile

451 Blue Sky Pkwy Lexington, KY 40509

OFF-MARKET
Industrial properties
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Property ID
US34-0427169
4,696 SF 3.19 ac Built 1990
Last sale May 2024·$885,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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?
$4k
Tax billed · 2023
Assessed value$415k
Effective rate1.07%

Value estimate

· Nov 2026
$885k
$797k – $974k
AI approach$885k
CAP approach$700k
Submarket $/SF estimate$537k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$222/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$88 – $429
Qualifying comparables14

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: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop8.2
Smoke and Vape Shop8.2
Home Appliance Store7.7

Location

451 Blue Sky Pkwy Lexington, KY 40509-9445
County assessor Recorded deeds · 4 transfers 14 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
2651 Palumbo, Lexington, KY 40509-1233 $250,000 May 2024 4,800 SF
390 Blue Sky, Lexington, KY 40509-9444 $445,000 Dec 2022 6,750 SF
489 Blue Sky, Lexington, KY 40509-9445 $450,000 Dec 2022 3,792 SF
2171 Christian, Lexington, KY 40509-4461 $840,000 Jun 2020 7,150 SF
421 United, Lexington, KY 40509-9431 $1,560,000 May 2020 5,800 SF
2566 Palumbo, Lexington, KY 40509-1203 $25,000 Jul 2019 8,350 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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Includes: Price & PSF · Cap rate · Location · Zoning

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