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    492 Indian Mound Dr Mount Sterling, KY 40353

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    For Sale
    $2,052,000

    100% occupied retail building with long-term leases in place.

    Property size:
    4,689 SF
    Lot size:
    1.22 Acres

    Property Features for 492 Indian Mound Dr

    General Information

    Size
    4,689 SF
    Lot size
    1.22 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Tenant Retail Building For Sale

    This is a 100% occupied, two-tenant retail building leased to T-Mobile and Koi Express Hibachi & Sushi. The property was newly constructed in 2021 and has a 15-year warranty on the roof. T-Mobile is operating on a 10-year lease with approximately 7 years remaining on the initial term. Koi Express is operating on a 10-year lease with approximately 9 years of term remaining. The building is priced below replacement cost and recent appraisal. The property contains 4,689 square feet and is located in Mount Sterling, KY.
    Insight Report Location Intelligence

    Current Use by Public Records

    Koi Express Mt ... Japanese Restaurant T-Mobile Cell Phone Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Sterling
    County
    Montgomery
    State
    Kentucky
    Longitude
    -83.952265
    Latitude
    38.068149

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    FAQs

    What type of property is this?
    Retail space - 100% occupied retail building with long-term leases in place.
    Where is this retail space located?
    The property is located at 492 Indian Mound Dr Mount Sterling, KY.
    What is the asking price?
    The asking price for this property is $2,052,000.
    What are key features of this property?
    This property features: - 100% Occupied with Two Established Tenants: T-Mobile and Koi Express; - Long-Term Leases in Place with ~7 Years Remaining for T-Mobile and ~9 Years for Koi Express; - Newer 2021 Construction featuring a 15-Year Roof Warranty
    (332) 345-2408
    Request Owner's contact information
    492 Indian Mound Dr Mount Sterling, KY 40353
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    Mount Sterling, KY 40353
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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
    492 Indian Mound Dr Mount Sterling, KY 40353
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