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Medical Office Building with Covered Entry
For Sale
$299,900

10235 Highway 421 N, Milton, KY 40045

The 15-office layout includes a lobby, four bathrooms, storage closets, and dedicated utility rooms.

Property Size5,375 SF
Price / SF$55.80
Days on Market27

Property Features for 10235 Highway 421 N

General Information

Standard status Active
Size 5,375 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Listing Agency: F.C. Tucker/Scott Lynch Group
Listed By: Scott Lynch · License #RB14019761
Source: Exprealty
Added: Oct 2 Changed: Oct 26 Last Checked: Oct 26 at 2:33PM

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 F.C. Tucker/Scott Lynch Group

Rey
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Investment Insights

Based on property information with market context.

This 5,375 sq. ft. former medical office sits on just over 2 acres and has parking for 25+ vehicles. A covered entrance opens to a lobby and reception area, with 15 private offices or meeting rooms arranged through the building. The interior also contains four bathrooms, three storage closets, two utility rooms, and two larger rooms previously used for laboratory and X-ray functions.

The property fronts Hwy 421 in Milton, Kentucky. Its existing medical-office configuration includes a combination of private rooms, reception space, support areas, and substantial on-site parking.

Key Highlights

  • 5,375 sq. ft. former medical office on just over 2 acres
  • Parking for 25+ vehicles
  • 15 private offices or meeting rooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Storage Facility Hair Salon Nail Salon Restaurant (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40045, KY

3,007
Population
1,581
Households
1.9
Avg Household Size
45
Median Age
14%
College-Educated
92%
High-School Grad
52.2 sq mi
ZIP Area
58
Density / Sq Mi
$72,222
Median Household Income
$43,149
Median Earnings
$944
Median Rent
$146,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - The 15-office layout includes a lobby, four bathrooms, storage closets, and dedicated utility rooms.
Where is this medical office space located?
The property is located at 10235 Highway 421 N Milton, KY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 5,375 sq. ft. former medical office on just over 2 acres; Parking for 25+ vehicles; 15 private offices or meeting rooms
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