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    1798 S Wilderness Rd Mount Vernon, KY 40456

    New
    For Sale
    $1,000,000

    COMMERCIAL - Mt Vernon, KY

    Property size:
    19,892 SF
    Lot size:
    1.40 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 12 at 10:06 am

    Property Features for 1798 S Wilderness Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    K046E-00-041.01
    Parking
    50
    Parking features
    Open
    Size
    19,892 SF
    Lot size
    1.40 Acres

    Utilities

    Utilities
    Propane
    Heating system
    Electric (Heating), Propane (Heating)
    Cooling system
    Zoned

    Building Details

    Floors in Building
    2
    Roof type
    Rubber

    CENTURY 21 Advantage Realty, A Robinson Company

    Listing agent Stacey A Kelly (859) 624-5488

    Listing date Dec 11, 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

    Mt Vernon Motel For Sale

    This is an income-producing opportunity featuring a 46-unit motel located just off I-75 in Mt Vernon, Kentucky, situated on 1.4 acres. The motel offers 45 rooms available for guests, including 33 rooms with one king-size bed and 12 rooms with two queen-size beds. Additionally, there is a housekeeper room with a kitchen, separate from the guest rooms. According to the seller, the front units were renovated in 2018, with some back units also renovated. The owner currently lives on-site in attached owner's quarters, which include three bedrooms and two bathrooms. The property features KU electric, a blacktop paved parking lot, and a storage building. All operating motel equipment is included, and each unit has individual heating and air conditioning. Security cameras are installed on the property. The property size is 19892 square feet. According to a previous title, the entrance is an easement (30ft).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Hotel & Motel Food Market Grocery Store Computer & Electronic Repair

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

    Similar Places Nearby

    Quality Inn, OYO Hotel Mt. Vernon KY I-75, Budget Inn Express, Kastle Inn Motel

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Rockcastle
    State
    Kentucky
    Longitude
    -84.312745
    Latitude
    37.342781

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    FAQs

    What type of property is this?
    Motel - 46-unit motel near I-75, excellent income opportunity.
    Where is this motel located?
    The property is located at 1798 S Wilderness Rd Mount Vernon, KY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Income-producing 46-unit motel opportunity.; - Located just off I-75.; - Includes attached 3-bedroom, 2-bathroom owner's quarters.
    (859) 624-5488
    Request Owner's contact information
    1798 S Wilderness Rd Mount Vernon, KY 40456
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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
    1798 S Wilderness Rd Mount Vernon, KY 40456
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