Corner Lot Workshop with Office

Rineyville School Road lot 20 Rineyville, KY 40162

Claim this Listing
For Sale
$180,000

LAND - Rineyville, KY

Property size:
2,040 SF
Lot size:
1.08 Acres
Price / SF:
$88/SF
Added:
Jun 17, 2026
Days on Market:
26
Last Refresh:
Jul 12 at 5:06 am

Property Features for Rineyville School Road lot 20

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
1.08 Acres

Building Details

Additional Structures
Workshop

Listing agent Tracey Cecil-Simpson

Listing office Weichert Realtors Lawson Collective 1690 Ring Rd Ste 110, Elizabethtown, KY

Listing date Jun 17, 2026

MLS# HK2602501 Listing URL

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


Investment Insights

Based on property information with market context.

This corner building lot includes a 2,040 sq ft workshop with an office space. The workshop has concrete floors, is insulated, and is heated, creating a straightforward setup for light industrial use, storage, or operations requiring a dedicated work area and administration space.

The property sits on Rineyville School Rd in Rineyville, KY (Hardin County). With approximately 1.08 acres, the site offers room to support on-site needs while maintaining a practical configuration for a small business or contractor workflow.

For buyers seeking a functional property that already combines work space with an office, the existing workshop improvements reduce buildout uncertainty and provide an immediately usable layout. The corner lot configuration can also support convenient access and flexibility for how the space is utilized on the site.

Key Highlights

  • Corner building lot on Rineyville School Rd in a convenient location
  • 2040 SF workshop includes office space
  • Workshop features concrete floors that are insulated and heated

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $17.6k $8.64
− Vacancy −$1.2k −$0.59
EGI $16.4k $8.05
− OpEx −$2.5k −$1.21
NOI $14.0k $6.84
2,040 SF · lease $8.64/SF/yr · vacancy 6.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$199.5K
$174.5K – $232.7K (±1% cap)
NOI $13,963 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.3K
$323.1K – $430.9K (±1% cap)
NOI $25,851 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Similar Off Market Nearby

  • Affordable Storage Guys - Rineyville — 53 Sage Ct, Rineyville, KY 40162

FAQs

What type of property is this?
Warehouse - Corner building lot with an insulated, heated workshop plus an office space on-site.
Where is this warehouse located?
The property is located at Rineyville School Road lot 20 Rineyville, KY.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Corner building lot on Rineyville School Rd in a convenient location; 2040 SF workshop includes office space; Workshop features concrete floors that are insulated and heated
Contact an agent
More about this property
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