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    The Largest CRE Database in the US with Over 1 Million Listings

    3073 Hwy 431 S Beechmont, KY 42323

    Sponsored
    For Sale
    $105,000

    Commercial - Beechmont, KY

    Lot size:
    0.40 Acres
    Days on Market:
    25
    Last Refresh:
    Jan 31 at 3:06 am

    Property Features for 3073 Hwy 431 S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    195-03-01-013.000
    Parking features
    Parking Lot
    Interior features
    Finished, Unfinished
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Floors in Building
    2
    Flooring type
    Other
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Selena Lee

    Raymer Real Estate Services, LLC. (270) 282-4005

    Listing agent Selena Lee (270) 282-4005 License #295500

    Listing date Jan 7, 2026

    MLS# RA20256710 Listing URL

    Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Commercial Building on Highway

    This 3,400 square foot commercial building is located on high-traffic HWY 431 in Beechmont. The versatile property has undergone extensive renovations, making it move-in ready for various business ventures. Recent updates include a new HVAC system, new flooring, updated lighting, and a new septic system. A newly added second floor expands the usable space, offering potential for offices, storage, or additional work areas. The property, once home to Brook's Blessing Barn, features a flexible layout suitable for retail, office, medical, service-based businesses, or light industrial use. Ample parking, strong highway frontage, and high visibility enhance accessibility for customers and clients. Situated on a 0.4-acre lot, this turnkey commercial property is ready to support your vision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Spa & Massage Hair Salon Clothing Store Nail Salon Pharmacy Auto Parts Store Food Market Grocery Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Beechmont
    County
    Muhlenberg
    State
    Kentucky
    Longitude
    -87.0316604
    Latitude
    37.1772846

    Nearby Similar for Sale

    • $105,000

      Renovated Commercial Building on Highway

      Versatile, renovated commercial building on high-traffic highway, ready for business.
      3073 Us Highway 431 South, Beechmont, KY 42323
      View Details

    FAQs

    What type of property is this?
    Storefront property - Renovated commercial building on high-traffic highway, ready for business.
    Where is this storefront property located?
    The property is located at 3073 Hwy 431 S Beechmont, KY.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: - Fully renovated 3,400 sq ft commercial building on high-traffic HWY 431.; - Versatile layout suitable for retail, office, medical, service-based businesses, or light industrial use.; - Recent updates include new HVAC, flooring, lighting, and septic system.
    (606) 344-5866
    Request Owner's contact information
    3073 Hwy 431 S Beechmont, KY 42323
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    Beechmont, KY 42323
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3073 Hwy 431 S Beechmont, KY 42323
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    We can help!
    Listing Contact
    Selena Lee
    Real Estate License ID: 295500
    (606) 344-5866
    Learn more
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