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Financial
Distress signals
Property profile

550 Eureka Spgs Dr Lexington, KY 40517

OFF-MARKET
Retail space
Property ID
US34-0503924
2,480 SF 2.11 ac lot Built 1988
Last sale Jun 2011 · $235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. 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?
$3k
Tax billed · 2023
Assessed value$236k
Effective rate1.24%

Value estimate

· Oct 2026
$355k
$320k – $391k

Realmo valuation models over county records.

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

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.8
Electrical Service10.8
Parking Facility10.7

Location

550 Eureka Spgs Dr Lexington, KY 40517-4193
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
4100 Nicholasville, Lexington, KY 40517-4800 $137,000,000 May 2025 2,329 SF
120 Smt At Fritz Farm, Lexington, KY 40517-8303 $137,000,000 May 2025 31,043 SF
441 Redding, Lexington, KY 40517-2534 $2,278,000 Jan 2022 2,720 SF
580 Eureka Spgs, Lexington, KY 40517-4274 $900,000 Oct 2021 6,674 SF
4023 Finn, Lexington, KY 40517-8365 $3,975,929 Aug 2021 6,188 SF
125 Mt Tabor, Lexington, KY 40517-4322 $200,000 Dec 2019 88,852 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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