Realmo Analytics

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Financial
Distress signals
Property profile

671 N Broadway Lexington, KY 40508

FOR SALE
Retail space
Property ID
US34-0635629
3,596 SF 0.18 ac lot Built 1920
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 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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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$321k
Effective rate1.24%

Value estimate

· Oct 2026
$480k
$432k – $528k
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$3k
Operating expenses−$15k
NOI · 2.69% cap applied$34k

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?
2.69%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.3
Pet Grooming Service8.2
Home Appliance Store7.9

Location

671 N Broadway Lexington, KY 40508
County assessor Recorded deeds · 2 transfers 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
287 Limestone, Lexington, KY 40508-2538 $740,000 May 2022 3,626 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
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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