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    Operational Daycare on 2.2 Acres Title is generated by Realmo AI

    4550 Rineyville Big Springs Road, Rineyville, KY 40162

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    Claim this Listing
    For Sale
    Under Contract
    $854,000

    Commercial - Rineyville, KY

    Property size:
    5,184 SF
    Lot size:
    2.20 Acres
    Price / SF:
    $164/SF
    Added:
    Dec 6, 2025
    Days on Market:
    167
    Last Refresh:
    May 22 at 11:06 am

    Property Features for 4550 Rineyville Big Springs Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    30
    Interior features
    Finished
    Exterior features
    Partial, Fence
    Fencing
    Fenced
    Standard status
    Active Under Contract
    Size
    5,184 SF
    Lot size
    2.20 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Flooring type
    Laminate
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Brenda Pirtle
    Brenda Pirtle

    Listing agent Brenda Pirtle

    Listing office KENNY SMITH REALTY LLC 950 North Mulberry Street, Elizabethtown, KY

    Listing date Dec 6, 2025

    MLS# HK25005088 Listing URL

    Copyright © 2026 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully operational daycare facility with a capacity of 99
    • Includes all daycare‑related equipment: washer, dryer, commercial oven, refrigerators, chairs, desks, playground equipment, and fencing
    • New roof (50‑year shingle warranty), new HVAC system, and newly paved parking lot
    • 5,184 sq ft brick building on 2.209 acres with 2,592 sq ft per level and separate entrances
    • Features multiple restrooms, private office spaces, and open areas adaptable for various business types
    • Includes a 20x20 matching brick outbuilding with man door and overhead door

    Overview

    Located in Rineyville, Kentucky, this commercial property is a fully operational daycare facility. The brick building spans 5,184 square feet and is situated on a 2.209-acre lot. The property has a capacity for 99 students. The building features 2,592 square feet per level, with each level having its own private entrance, making it suitable for multi-tenant use or single-owner occupancy. The property includes multiple restrooms, private office spaces, and open areas. A matching brick outbuilding, measuring 20x20 feet, offers additional storage or workspace with a man door and an overhead door. Recent improvements include a new roof with a 50-year shingle warranty, a new HVAC system, and a newly paved parking lot designed for easy traffic flow. A covered front entry with a drive-through awning enhances accessibility. The property includes a washer, dryer, commercial oven, refrigerators, chairs, desks, playground equipment, and fencing. The current staff and director are willing to stay on with the sale of the business. The property is exceptionally maintained and ready to support a new venture, with potential for medical, professional, educational, or service-based operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Restaurant Real Estate Agency Building Supply Food Market Storage Facility Grocery & Convenience Store Garden Center Electrical Service Car Rental Facility Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rineyville
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.985303
    Latitude
    37.7578332

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    FAQs

    What type of property is this?
    Day care center - Fully operational daycare facility for sale in Rineyville, Kentucky.
    Where is this day care center located?
    The property is located at 4550 Rineyville Big Springs Road Rineyville, KY.
    What is the asking price?
    The asking price for this property is $854,000.
    What are key features of this property?
    This property features: Fully operational daycare facility with a capacity of 99; Includes all daycare‑related equipment: washer, dryer, commercial oven, refrigerators, chairs, desks, playground equipment, and fencing; **New roof (50‑year shingle warranty), new HVAC system, and newly paved parking lot**
    (270) 401-1892
    We can help!
    Listing Contact
    Brenda Pirtle
    Brenda Pirtle
    Real Estate License ID: 277309
    Learn More
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    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.

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