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    1046 Veterans Memorial Hwy Scottsville, KY 42164

    For Sale
    $315,000

    1,488 SF Medical Office, Vacant, $315K

    Property size:
    1,488 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1,488 square foot medical office building, located at 1046 Veterans Memorial Highway in Scottsville, Kentucky, presents a unique investment opportunity. Currently vacant, this Class C property is ideally suited for a variety of medical or general office uses. The building sits on a 1.04-acre lot zoned B-2 General Business District, offering significant potential for expansion or additional development. Previously used as a dental office, the well-maintained structure is move-in ready, featuring ample parking and high visibility from the road. Its strategic location in the thriving Scottsville area ensures easy access to key amenities and services, making it an attractive option for both established businesses and new ventures. The property is offered at an asking price of $315,000 with a NNN lease type. The existing building is perfect for a single occupant, while the additional pad site offers the potential to accommodate multiple tenants. This versatile property offers a blend of immediate occupancy and future development potential, making it a compelling investment in a growing Kentucky market. The property's address is 1046 Veterans Memorial Hwy, Scottsville, KY 42164.

    Property Features for 1046 Veterans Memorial Hwy

    General Information

    Property type
    Medical offices
    Square Feet
    1,488 SF
    Class
    C
    Lot Size
    45,302 SF

    Building Details

    Units
    1

    HighLights

    • 1,488 SF building, suitable for office or medical use.
    • B‑2 General Business zoning.
    • Versatile space with development potential.
    • Excellent Scottsville location.
    • Well‑maintained, move‑in ready condition.
    • Ample parking, with expansion potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsville
    County
    Allen
    State
    Kentucky
    Longitude
    -86.2090296
    Latitude
    36.7576507

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    FAQs

    What type of property is this?
    Medical office - 1,488 SF Medical Office, Vacant, $315K
    Where is this medical office located?
    The property is located at 1046 Veterans Memorial Hwy Scottsville, KY.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 1,488 SF building, suitable for office or medical use.; B-2 General Business zoning.; Versatile space with development potential.
    Request Owner's contact information
    1046 Veterans Memorial Hwy Scottsville, KY 42164
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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
    1046 Veterans Memorial Hwy Scottsville, KY 42164
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