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    1338 Indian Mound Dr Mount Sterling, KY 40353

    Sponsored
    For Lease
    Contact for pricing

    Prime KY location, 79,000 SF total.

    Lot size:
    79,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Montgomery Square, located at 1338 Indian Mound Dr, Mount Sterling, KY 40353, presents a unique investment opportunity. This single-story, 79,000 square foot commercial building offers a blend of retail and office space, perfect for a variety of businesses. Currently, 11,000 square feet of space is available for lease, providing a significant opportunity for expansion or new tenancy. The property is zoned for commercial use and situated in Montgomery County, Kentucky. The building's single-story design offers convenient access and ample space for both customers and employees. The multiple tenancy structure allows for flexibility in leasing arrangements, catering to businesses of various sizes and needs. This prime location in Mount Sterling offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the community. With its substantial size and versatile layout, Montgomery Square is poised to meet the diverse needs of a thriving commercial enterprise. The property's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and maximizing return. This is a rare opportunity to secure a significant commercial space in a desirable Kentucky location.

    Property Features for 1338 Indian Mound Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1338
    Size
    11,000 SF

    HighLights

    • 11,000 SF of office/retail space available for lease.
    • Move‑in ready office space, easily adaptable for retail use.
    • Ground lease opportunity on a 1‑1.75 acre outparcel.
    • Prime location in 79,000 SF Montgomery Square shopping center, anchored by Big Lots.
    • Monument signage available for high visibility.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cognizant Aerospace Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Sterling
    County
    Montgomery
    State
    Kentucky
    Longitude
    -83.9552309
    Latitude
    38.0494003

    Nearby Comparable

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    Nearby Similar for Lease

    • $14 SF/Yr
      50,000 SF

      Mt. Sterling Retail Space Available

      High-visibility retail space in prime location
      822 Indian Mound Dr, Mount Sterling, KY 40353
      View Details
    • $13,450,000
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      Retail Property in Mount Sterling

      Retail property available for lease in Mount Sterling, Kentucky.
      217 Indian Mound Rd, Mount Sterling, KY 40353
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime KY location, 79,000 SF total.
    Where is this retail property located?
    The property is located at 1338 Indian Mound Dr Mount Sterling, KY.
    What are key features of this property?
    This property features: 11,000 SF of office/retail space available for lease.; Move-in ready office space, easily adaptable for retail use.; Ground lease opportunity on a 1-1.75 acre outparcel.
    Request Owner's contact information
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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
    1338 Indian Mound Dr Mount Sterling, KY 40353
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