Property profile

700 E Loudon Ave Lexington, KY 40505

FOR SALE
Industrial properties
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Property ID
US34-0666743
12,786 SF 1.58 ac Built 1987
Last sale May 2011·$595,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 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

What does the county charge?
Assessed value · 2023$595k

Value estimate

· Nov 2026
$580k
$522k – $638k
Submarket $/SF estimate$769k
NOI build-up
Gross scheduled income$201k
Vacancy & credit loss−$14k
Operating expenses−$65k
NOI · 6.14% cap applied$121k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$58 – $117
Qualifying comparables3

Cap rate analysis

How does the asset earn?
6.14%
$121k 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?
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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.7
Law Firm28.7
Dental Office17.5

Location

700 E Loudon Ave Lexington, KY 40505
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1253 Industry, Lexington, KY 40505-3813 $1,000,000 May 2025 11,060 SF
610 Winchester, Lexington, KY 40505-3727 $810,600 Apr 2024 7,350 SF
1411 Delaware, Lexington, KY 40505-4009 $55,000 Jan 2024 7,932 SF
516 Lagonda, Lexington, KY 40505-4014 $55,000 Jan 2024 7,000 SF
872 Floyd, Lexington, KY 40505-3616 $420,000 Jan 2023 8,512 SF
801 Winchester, Lexington, KY 40505-3730 $1,229,700 Nov 2022 22,220 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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