Three-Bay Automotive
100 Springview Drive, Stamping Ground, KY 40379
For Sale
New
$650,000
Commercial Sale, Stamping Ground, KY
Property Size2,508 SF
Lot Size0.37 Acres
Price / SF$259.17
Days on Market2
Property Features for 100 Springview Drive
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Business Included
Automotive Uses
Utilities
Sewer type
Heating system
Cooling system
Amenities
heated and cooled office
two restrooms
oil-fueled heating system
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Keller Williams Bluegrass Realty · Keller Williams Realty
(859) 260-1444
Listed By:
Timothy Rose
(859) 287-4009
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 10 at 1:06PM
MLS# 26030904
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,508-square-foot automotive shop was built in 1979 and sits on a 0.3689-acre parcel. Its three-bay layout includes two vehicle lifts and storage, along with an office served by heating and air conditioning and two restrooms. Brick construction, a metal roof, and public sewer service are also part of the property.
Key Highlights
- Three service bays with two vehicle lifts
- 2,508‑square‑foot building on 0.3689 acres
- Office with heating and air conditioning, plus two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,865
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,300
$477.3K
Cap Rate 7%
$340,929
$340.9K
Cap Rate 9%
$265,167
$265.2K
Market Conditions
NOI Build-Up for 2,508 SF
Gross rent
$36.1K $14.40/SF
− Vacancy
−$2.0K −$0.81/SF
EGI
$34.1K $13.59/SF
− OpEx
−$10.2K −$4.08/SF
NOI
$23.9K $9.52/SF
Area
Scott County, KY
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,300
Cap Rate 7%
$340,929
Cap Rate 9%
$265,167
Alternative Uses
Best Use
Retail
$340.9K
$298.3K – $397.8K
NOI $23,865 @ 7.0% cap · market cap 3.67%
Second Best
Industrial
$212.2K
$185.7K – $247.5K
NOI $14,852 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$635.6K
$556.2K – $741.6K
NOI $44,494 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,443 visits/mo
0.4 miles
Sunoco
Shops & Services
2,711 visits/mo
0.1 miles
Demographics for 40379, KY
3,784
Population
1,767
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
65.5 sq mi
ZIP Area
58
Density / Sq Mi
$64,487
Median Household Income
$42,388
Median Earnings
$927
Median Rent
$223,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Thomason & Son Garage — 100 Springview Dr, Stamping Ground, KY 40379
- Stamping Ground Tire — 3607 Owenton Rd, Stamping Ground, KY 40379
Frequently Asked Questions
What type of property is this?
Auto shop - The building includes two vehicle lifts, storage, and a conditioned office with two restrooms.
Where is this auto shop located?
The property is located at 100 Springview Drive Stamping Ground, KY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three service bays with two vehicle lifts; 2,508‑square‑foot building on 0.3689 acres; Office with heating and air conditioning, plus two restrooms
