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Property profile & analytics
OFF-MARKET
Commercial real estate

966 Ky-577 Annville, KY 40402

3,248 SF 1.61 ac lot Built 2008
Property ID
Property summary
AI-generated overview

This exceptional 3,248 square foot commercial property, situated on a spacious 1.61-acre lot in Annville, KY, presents a unique investment opportunity. Built in 2008 to state code as a church, it boasts a seating capacity of over 100, complete with a piano and a fully operational PA system. The building includes two classrooms, easily adaptable for various uses, such as bedrooms, and a sizable common area/kitchen ideal for meal preparation. A significant advantage is the attached 2-bedroom, 1-bathroom parsonage, added in 2016. This addition features an open living room/kitchen and a charming sunroom overlooking a tranquil creek. The exterior is constructed of durable Hardy Board siding. Located less than 20 minutes from London, KY, this property offers unparalleled versatility. Its previous use as a church, combined with its modern amenities and spacious layout, makes it suitable for a wide range of commercial ventures. Potential uses include, but are not limited to, an Airbnb, a work-from-home office complex, storage and shipping facility, or even a restaurant. The property is in perfect condition and represents a rare opportunity to acquire a well-maintained, adaptable commercial space in a desirable location. Its size, amenities, and convenient location make it an attractive proposition for discerning investors seeking a high-return investment. Schedule a showing today to explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Year built 2008
Total area 3,248 SF
Lot 1.61 ac (70,132 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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