Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    470 Tucker Dr Maysville, KY 41056

    Sponsored
    For Sale
    $995,000

    COMMERCIAL - Maysville, KY

    Property size:
    6,000 SF
    Lot size:
    1.11 Acres
    Days on Market:
    152
    Last Refresh:
    Jan 20 at 6:06 am

    Property Features for 470 Tucker Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    050-00-00-007.12
    Parking features
    Parking Lot
    Size
    6,000 SF
    Lot size
    1.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1998
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Metal

    We can help!

    Listing Contact
    Jill Ring
    Jill Ring

    Century 21 Brooks Wells Ent. (606) 329-8000

    Listing agent Jill Ring (937) 378-3800 License #180573

    Listing date Aug 22, 2025

    Copyright © 2026 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Former Restaurant with Leased Space

    This commercial property in Maysville, Kentucky, presents versatile opportunities for various business ventures. The expansive 13,600 sq. ft. building is set on a 1.1-acre lot. Approximately 6,400 sq. ft. was previously utilized as a restaurant and bar, and the remaining 7,200 sq. ft. is currently leased to a hair salon. The property includes a fully equipped kitchen and furniture, including tables and chairs. An outdoor patio area provides additional space that can be reimagined for various uses. Ample parking is available for customers. The versatile space could also suit a retail showroom, event venue, or multi-unit development. The property is located in northeastern Kentucky, approximately one hour from Cincinnati, Ohio, and Lexington, Kentucky.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maysville
    County
    Mason
    State
    Kentucky
    Longitude
    -83.82915
    Latitude
    38.624073

    Nearby Similar for Sale

    • $155,000

      Maysville Multi-Unit Income Property

      Two duplexes with four rented units producing income.
      204-208 East 6Th St, Maysville, KY 41056
      View Details
    • $175,000
      0.90 Acres

      Maysville Mixed-Use Commercial Opportunity

      Commercial property with multiple buildings, suitable for various uses.
      621 W 2Nd St, Maysville, KY 41056
      View Details
    • New
      $85,000
      2,300 SF

      Maysville Mixed-Use Commercial Opportunity

      Mixed-use property with storefront and apartments in Maysville, Kentucky.
      1030 Forest Ave, Maysville, KY 41056
      View Details
    • $229,900
      2,016 SF

      Maysville Duplex: Income-Generating Investment

      Well-maintained, fully rented duplex in Maysville with recent updates.
      421 Forest Ave, Maysville, KY 41056
      View Details
    • New
      $85,000
      0.07 Acres

      Mixed-Use Property in Maysville, KY

      Mixed-use property with storefront and apartments in Maysville, KY.
      1030 Forest Ave, Maysville, KY 41056
      View Details
    • New
      $175,000
      Pending

      Maysville Commercial Property with Mixed-Use Potential

      Commercial property with multiple buildings and mixed-use zoning.
      621 W 2Nd St, Maysville, KY 41056
      View Details
    • $124,900

      Maysville Commercial Building Opportunity

      Four-story commercial building in downtown Maysville, Kentucky.
      132 Market St, Maysville, KY 41056
      View Details
    • $105,000
      Pending

      Mixed-Use Property in Maysville, KY

      Mixed-use property with storefront and apartments in Maysville, KY.
      1030 Forest Ave, Maysville, KY 41056
      View Details
    • $170,000

      Maysville Duplex Near Downtown

      Two-unit building near downtown Maysville with architectural charm.
      201 West 2Nd St, Maysville, KY 41056
      View Details
    • $199,900

      Historic Richeson House Multi-Unit Property

      Historic multi-unit property in Maysville, Kentucky, with long-term tenants.
      331 West 3Rd St, Maysville, KY 41056
      View Details
    • $650,000

      Maysville Commercial Opportunity For Sale

      Freestanding commercial building with offices, classrooms, and parking.
      912 East 2Nd St, Maysville, KY 41056
      View Details
    • $125,000
      0.80 Acres

      Maysville Commercial Building with Shop

      Commercial building with drive-thru shop in Maysville, Kentucky.
      1200 West 2Nd St, Maysville, KY 41056
      View Details

    FAQs

    What type of property is this?
    Restaurant - Versatile commercial property with restaurant, bar, and leased salon.
    Where is this restaurant located?
    The property is located at 470 Tucker Dr Maysville, KY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Large 13,600 sq. ft. commercial building on 1.1 acres.; - Includes a fully equipped kitchen and furniture (tables, chairs).; - Currently has rental income from a 7,200 sq. ft. hair salon lease.
    (937) 378-3800
    Request Owner's contact information
    470 Tucker Dr Maysville, KY 41056
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    470 Tucker Dr
    Maysville, KY 41056
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    470 Tucker Dr Maysville, KY 41056
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jill Ring
    Jill Ring
    Real Estate License ID: 180573
    (937) 378-3800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.