Realmo Analytics

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Financial
Distress signals
Property profile

881 Corporate Dr Lexington, KY 40503

FOR LEASE
Office buildings
Property ID
US34-0629464
19,642 SF 1.36 ac lot Built 1980
Last sale May 2026 · $2,300,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. 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.

Debts

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?
$23k
Tax billed · 2023
Assessed value$1.90M
Effective rate1.24%

Value estimate

· Oct 2026
$1.53M
$1.38M – $1.68M
Submarket $/SF estimate$2.61M
NOI build-up
Gross scheduled income$556k
Vacancy & credit loss−$74k
Operating expenses−$120k
NOI · 1,680,702.33% cap applied$361k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$98 – $236
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,680,702.33%
$361k 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?
P-1
The intent of this zone is to provide for offices and related professional uses, Retail sales are prohibited except where directly relate...
General categoryCOMMERCIAL
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply37.1
Auto Repair Shop36.0
Restaurant34.5

Location

881 Corporate Dr Lexington, KY 40503
County assessor Recorded deeds · 8 transfers 8 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
2357 Huguenard, Lexington, KY 40503-3015 $1,195,000 Jun 2025 6,840 SF
861 Corporate, Lexington, KY 40503-5432 $1,760,000 Mar 2025 16,820 SF
2425 Regency, Lexington, KY 40503-2948 $760,000 Aug 2023 9,880 SF
624 Wellington, Lexington, KY 40503-2768 $610,000 Nov 2022 8,716 SF
150 Zandale, Lexington, KY 40503-2493 $1,450,000 Oct 2022 11,000 SF
2533 Larkin, Lexington, KY 40503-3278 $675,000 Aug 2021 13,690 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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