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    1862 Pine Crest Rd Lancaster, KY 40444

    For Sale
    $425,000

    Turnkey Restaurant, Loyal Clientele, High Profits

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This thriving, family-owned diner in Lancaster, Kentucky presents a unique turnkey business opportunity. Located at 1862 Pine Crest Road, this well-established restaurant boasts a loyal customer base built on a reputation for delicious food and affordable prices. The 1.47-acre lot houses a modern building equipped with up-to-date kitchen appliances and operational systems, ensuring a smooth transition for a new owner. The diner's consistent quality and value have driven steady profits and year-over-year growth, making it an attractive investment. The current owner has cultivated a strong brand within the community, attracting both local residents and visitors from across the state. This turnkey operation eliminates the need for extensive setup and allows for immediate revenue generation. The menu is a proven success, delighting customers and contributing to the diner's consistent profitability. This is a rare chance to acquire a successful, established business with a strong foundation for continued success. The asking price is $425,000. Serious inquiries are encouraged.

    Property Features for 1862 Pine Crest Rd

    General Information

    Property type
    Investment properties
    Lot Size
    64,033 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pete's Diner Diner

    Map

    City
    Lancaster
    County
    Garrard
    State
    Kentucky
    Longitude
    -84.64026
    Latitude
    37.72941

    Nearby Comparable

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      Lancaster Land with Barn and Pond

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    • New
      $119,900
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      Lancaster Land with Barn

      11 acre lot with barn, building potential.
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    Nearby Similar for Sale

    • $189,000
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      Mixed-Use Property in Lancaster, KY

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    • New
      $185,000
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    FAQs

    What type of property is this?
    Investment property - Turnkey Restaurant, Loyal Clientele, High Profits
    Where is this investment property located?
    The property is located at 1862 Pine Crest Rd Lancaster, KY.
    What is the asking price?
    The asking price for this property is $425,000.
    (859) 304-5051
    Request Owner's contact information
    1862 Pine Crest Rd Lancaster, KY 40444
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    Realmo Value Estimation

    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.

    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.

    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
    1862 Pine Crest Rd Lancaster, KY 40444
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