Flexible Mixed-Use Commercial
For Sale
$450,000
1320 Fulton Rd, Winchester, KY 40391
Adaptable commercial space with roadway access for business, operational, or investment use.
Property Size2,530 SF
Price / SF$177.87
Days on Market109
Property Features for 1320 Fulton Rd
General Information
Standard status
Active
Size
2,530 SF
Property subtype
Commercial
Building Details
Year Built
1983
Listing Agency:
KY Realty Co
Listed By:
Holly Spradlin · License #207752
(606) 793-4395
Source:
Centralkyhomefinder
Added: Jun 29
Changed: Oct 1
Last Checked: Oct 14 at 11:05PM
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 KY Realty Co
Investment Insights
Based on property information with market context.
This 2,530-square-foot mixed-use commercial building at 1320 Fulton Road provides adaptable space for a range of business applications. The property is suited to companies seeking a physical location, organizations expanding their operations, or investors evaluating a commercial asset.
Located in Winchester, Kentucky, the building offers access to major roadways and surrounding communities. Its flexible layout and commercial format support consideration for varied business uses, subject to applicable requirements.
Located in Winchester, Kentucky, the building offers access to major roadways and surrounding communities. Its flexible layout and commercial format support consideration for varied business uses, subject to applicable requirements.
Key Highlights
- 2,530‑square‑foot mixed‑use commercial building
- 1320 Fulton Road, Winchester, KY 40391
- Access to major roadways and surrounding communities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,576
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,520
$711.5K
Cap Rate 7%
$508,229
$508.2K
Cap Rate 9%
$395,289
$395.3K
Market Conditions
NOI Build-Up for 2,530 SF
Gross rent
$54.6K $21.60/SF
− Vacancy
−$7.2K −$2.85/SF
EGI
$47.4K $18.75/SF
− OpEx
−$11.9K −$4.69/SF
NOI
$35.6K $14.06/SF
Area
Clark County, KY
Vacancy
13.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,520
Cap Rate 7%
$508,229
Cap Rate 9%
$395,289
Alternative Uses
Best Use
Office B
$508.2K
$444.7K – $592.9K
NOI $35,576 @ 7.0% cap · market cap 7.91%
Second Best
Mixed Use
$349.1K
$305.5K – $407.3K
NOI $24,440 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$641.2K
$561.1K – $748.1K
NOI $44,884 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Explore this area
Business Placement
Demographics for 40391, KY
36,461
Population
16,125
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
90%
High-School Grad
237.3 sq mi
ZIP Area
154
Density / Sq Mi
$67,910
Median Household Income
$40,323
Median Earnings
$884
Median Rent
$197,200
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Adaptable commercial space with roadway access for business, operational, or investment use.
Where is this mixed-use property located?
The property is located at 1320 Fulton Rd Winchester, KY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,530‑square‑foot mixed‑use commercial building; 1320 Fulton Road, Winchester, KY 40391; Access to major roadways and surrounding communities
