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Property profile

647 Main St Lexington, KY 40508

OFF-MARKET
Grocery and convenience stores
Property ID
US34-0352465
1,240 SF 0.36 ac lot Built 1967
Last sale Feb 2012 · $560,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. 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. 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?
$6k
Tax billed · 2023
Assessed value$517k
Effective rate1.24%

Value estimate

· Oct 2026
$485k
$437k – $534k
Submarket $/SF estimate$907k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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-2B
The intent of this zone is to ensure compatible land uses, the preservation of existing attractions compatible with the Lexington Center ...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.2
Dry Cleaner8.6
Optical Shop8.2

Location

647 Main St Lexington, KY 40508-2017
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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
660 Broadway, Lexington, KY 40508-3715 $275,000 May 2024 1,312 SF
400 Chestnut, Lexington, KY 40508-1524 $65,000 Jun 2023 1,078 SF
712 Limestone, Lexington, KY 40508-3607 $150,000 Jun 2023 1,328 SF
569 Limestone, Lexington, KY 40508-1675 $410,000 Apr 2022 1,104 SF
760 Florence, Lexington, KY 40508-1017 $68,000 Sep 2021 1,200 SF
785 Broadway, Lexington, KY 40508-3721 $268,000 Aug 2020 1,681 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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