Financial
Distress signals
Property profile

680 Lima Dr Lexington, KY 40511

FOR LEASE
Strip malls
Property ID
US34-0587961
8,424 SF 1.72 ac lot Built 2005
Last sale Apr 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 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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Property summary

AI-generated overview

This commercial property at 680 Lima Drive is located in Lexington’s industrial and business corridor with access to major routes including I-75/I-64 and Newtown Pike. The site covers 1.72 acres and includes a building area of 8,424 square feet configured with functional, flexible space. The property is suitable for a range of uses such as logistics, light manufacturing, distribution, or conversion to modern office space. It includes ample on-site parking and supporting site infrastructure, and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$7k
Tax billed · 2023
Assessed value$605k
Effective rate1.24%

Value estimate

· Sep 2026
$325k
$293k – $358k
NOI build-up
Gross scheduled income$16k
Vacancy & credit loss−$920
Operating expenses−$5k
NOI · 724.27% cap applied$11k

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?
724.27%
$11k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.6
Law Firm20.0
Dental Office19.3

Location

680 Lima Dr Lexington, KY 40511
County assessor Recorded deeds · 1 transfer 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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