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Financial
Distress signals
Property profile

731 Red Mile Rd Lexington, KY 40504

OFF-MARKET
Retail space
Property ID
US34-0581338
8,544 SF 1.25 ac lot Built 1989
Last sale Jun 2017 · $795,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 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?
$10k
Tax billed · 2023
Assessed value$844k
Effective rate1.24%

Value estimate

· Oct 2026
$750k
$675k – $825k
Submarket $/SF estimate$1.27M

Realmo valuation models over county records and 4 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 comparables4

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-3
The intent of this zone is to provide for retail and commercial uses, which are necessary to the economic vitality of the community but m...
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 agency11.0
Nail Salon9.4
Laundry Service9.1

Location

731 Red Mile Rd Lexington, KY 40504-1153
County assessor Recorded deeds · 2 transfers 4 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
2285 Versailles, Lexington, KY 40504-1603 $4,300,000 May 2024 14,509 SF
1812 Oxford, Lexington, KY 40504-1475 $800,000 Apr 2024 16,392 SF
861 Broadway, Lexington, KY 40504-2601 $847,000 Jan 2023 8,395 SF
1309 Cahill, Lexington, KY 40504-1167 $1,045,000 Jan 2021 7,000 SF
2284 Versailles, Lexington, KY 40504-1604 $12,800 Oct 2019 11,036 SF
721 Red Mile, Lexington, KY 40504-1153 $660,000 Aug 2019 4,865 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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