Your AI Navigator in Commercial Real Estate
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

    538 Ky Hwy Williamsburg, KY 40769

    For Sale
    $1,000,000

    High-Yield NNN Property, Excellent Lease

    Property size:
    1,834 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional investment opportunity presents a 1,834 square foot general commercial property situated on a half-acre lot at 538 Ky Hwy 92, Williamsburg, KY. Currently leased at $8,000 per month through October 2023, with the tenant expressing a desire to renew, this property offers a compelling return on investment. The lease is structured as a true Triple Net (NNN) lease, meaning the tenant is responsible for all property expenses including taxes, insurance, and maintenance, minimizing the owner's operational responsibilities. Located in a university town, this property benefits from a stable and potentially growing tenant base. The property's strong cash flow and the current lease agreement make it an attractive proposition for investors seeking a reliable income stream. The seller is open to a 1031 exchange, providing a tax-advantaged transition for qualified buyers. It's important to note that the seller does not own the Huddle House franchise located on the property. This property presents a rare opportunity to acquire a high-yielding, low-maintenance commercial investment in a desirable location. The current lease provides immediate cash flow, and the potential for lease renewal further enhances the long-term value of this asset. Serious inquiries are encouraged to explore this exceptional investment opportunity.

    Property Features for 538 Ky Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,834 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Williamsburg
    County
    Whitley
    State
    Kentucky
    Longitude
    -84.16962
    Latitude
    36.72214

    Nearby Similar for Sale

    • $699,000
      5,003 SF

      54-Acre Williamsburg Retreat with Residences

      54-acre property with two residences, cabin, pond, and barns.
      1034 New Zion Rd, Williamsburg, KY 40769
      View Details
    • $210,000
      1,595 SF

      Commercial Building on Highway 25W

      1,600 sq ft commercial building in prime Williamsburg location.
      863 Highway 25 S, Williamsburg, KY 40769
      View Details
    • $400,000
      0.54 Acres

      Versatile Commercial Space, Williamsburg, KY

      Prime location, flexible space, ideal for various business uses.
      4252 N 25W Hwy, Williamsburg, KY 40769
      View Details
    • $400,000
      0.54 Acres

      Versatile Commercial Building Near I-75

      5,550 Sqft commercial building near I-75, suitable for various businesses.
      4252 N 25W Hwy, Williamsburg, KY 40769
      View Details
    • $460,000
      0.66 Acres

      Williamsburg Commercial Property For Sale

      Commercial property with high visibility and immediate occupancy potential.
      941 Highway 25, Williamsburg, KY 40769
      View Details
    • $305,900
      2,605 SF

      Williamsburg, KY Triplex Investment

      Triplex near University of the Cumberlands, fully occupied.
      346 Becks Creek Rd, Williamsburg, KY 40769
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-Yield NNN Property, Excellent Lease
    Where is this commercial real estate located?
    The property is located at 538 Ky Hwy Williamsburg, KY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (859) 224-4343
    Request Owner's contact information
    538 Ky Hwy Williamsburg, KY 40769
    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.
    538 Ky Hwy
    Williamsburg, KY 40769
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    538 Ky Hwy Williamsburg, KY 40769
    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
    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.