I-1 Zoned
For Sale
$1,200,000
101 Jefferson Street, Winchester, KY 40391
An open-layout industrial building sits on a 3.9-acre site with garage doors and ample power supply.
Property Size7,744 SF
Lot Size3.90 Acres
Price / SF$154.96
Days on Market204
Property Features for 101 Jefferson Street
General Information
Standard status
Active
Size
7,744 SF
Lot size
3.90 Acres
Property subtype
Industrial
Zoning
I-1
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Property Use
Industrial
Building Details
Building Size
7,744 SF
Year Built
2000
Buildings
1
Listing Agency:
Dream Maker Realty, LLC
Listed By:
Darrell Tackett
(859) 749-2796
Source:
Horseandhomeestates
Added: Apr 7
Changed: Oct 26
Last Checked: Oct 26 at 3:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dream Maker Realty, LLC
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Investment Insights
Based on property information with market context.
This warehouse property at 101 Jefferson Street in Winchester, Kentucky, includes a building with an open interior, high ceilings, and garage doors for loading. The site contains 3.9 acres and is zoned I-1. The building was constructed in 2000.
The property is described as having ample power supply and access to major highways.
The property is described as having ample power supply and access to major highways.
Key Highlights
- 3.9‑acre site
- I‑1 zoning
- 7,800‑square‑foot building with high ceilings and an open layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,687
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,113,740
$1.1M
Cap Rate 7%
$795,529
$795.5K
Cap Rate 9%
$618,744
$618.7K
Market Conditions
NOI Build-Up for 7,744 SF
Gross rent
$69.7K $9.00/SF
− Vacancy
−$4.2K −$0.54/SF
EGI
$65.5K $8.46/SF
− OpEx
−$9.8K −$1.27/SF
NOI
$55.7K $7.19/SF
Area
Clark County, KY
Vacancy
6.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,113,740
Cap Rate 7%
$795,529
Cap Rate 9%
$618,744
Alternative Uses
Best Use
Warehouse
$795.5K
$696.1K – $928.1K
NOI $55,687 @ 7.0% cap · market cap 4.64%
Second Best
Industrial
$655.1K
$573.3K – $764.3K
NOI $45,860 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,385 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 40391, KY
36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - An open-layout industrial building sits on a 3.9-acre site with garage doors and ample power supply.
Where is this warehouse located?
The property is located at 101 Jefferson Street Winchester, KY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3.9‑acre site; I‑1 zoning; 7,800‑square‑foot building with high ceilings and an open layout
