100 Lochridge Mayfield, KY 42066
This 5,500 square foot commercial building, located at 100 E Lochridge in Mayfield, KY, presents a fantastic investment opportunity. Ideally situated with high visibility from the N 7th Street Overpass, this property is zoned B-1 and offers ample parking in the front, side, and rear. The building is exceptionally well-maintained, boasting numerous recent upgrades including three brand-new heating and air conditioning units (installed in 2022), a new rubber roof (2022), and fully encapsulated tile floors (2022). Further enhancements completed in 2022 include fresh paint throughout, replacement of the cove base, new carpeting, and new ceiling tiles. A new water heater was also installed in 2022. The building's versatility makes it suitable for a variety of uses, including medical offices, general business offices, or as an investment property. The property is available for sale at $209,000 and is also adaptable for lease arrangements, with the possibility of splitting the space to accommodate multiple tenants. This turnkey property offers immediate occupancy and significant potential for return on investment. Don't miss this chance to acquire a meticulously maintained commercial building in a desirable Mayfield location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.