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    101 3Rd St Paris, KY 40361

    For Sale
    $130,000

    COMMERCIAL - Paris, KY

    Lot size:
    0.41 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 101 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    026-70-44-004.00
    Parking
    28
    Lot size
    0.41 Acres

    Nichols Real Estate (859) 707-2755

    Listing agent Brittney Nichols (859) 707-2755

    Listing date Oct 9, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Paris Blacktop Parking Lot

    Located in downtown Paris, Kentucky, this vacant blacktop parking lot features 28 spaces. Zoned B-1, the property offers options to build with Planning and Zoning approval. Situated on the corner of Pleasant Street and Stoner Avenue, it is directly across from the Bourbon County courthouse annex. The property presents income potential as a surface lot while allowing for future development of neighborhood-scale commercial or mixed-use projects. Its proximity to the local business district, banks, courthouse, and downtown Paris amenities makes it suitable for investors and entrepreneurs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    U-Haul Neighborhood Dealer, Elam Auto Sales

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Bourbon
    State
    Kentucky
    Longitude
    -84.248305
    Latitude
    38.212302

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    FAQs

    What type of property is this?
    Parking lot & garage - 28-space parking lot in downtown Paris, Kentucky, with development potential.
    Where is this parking lot & garage located?
    The property is located at 101 3Rd St Paris, KY.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Prime downtown Paris, KY location at the corner of Pleasant St and Stoner Ave, across from the Bourbon County courthouse annex.; - Zoned B-1 with options to build commercial or mixed-use projects (with P & Z approval).; - **28-space blacktop parking lot offering immediate income potential.**
    (859) 707-2755
    Request Owner's contact information
    101 3Rd St Paris, KY 40361
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    Paris, KY 40361
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 3Rd St Paris, KY 40361
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