421 Main St McKee, KY 40447
This exceptional investment opportunity in McKee, Kentucky, presents a diverse portfolio of income-generating properties on a substantial 17.54-acre lot. The property boasts a 98% occupancy rate, demonstrating strong tenant demand and consistent revenue generation. The portfolio includes a mix of residential and commercial spaces, offering a diversified income stream. Residential units consist of one approximately 750-square-foot framed house, one approximately 1200-square-foot brick house, and two second-floor apartments totaling approximately 1560 square feet. A thriving flower shop occupies approximately 1560 square feet of commercial space on the ground floor. Further enhancing the income potential are eight manufactured homes and twenty-eight storage units of varying sizes. Six storage units measure 12x24 feet, twenty measure 10x10 feet, one measures 12x30 feet, and one measures 12x38 feet. A significant asset is the inclusion of a 5000-square-foot building currently occupied by the Catholic Appalachian Project. Note that all square footage is based on PVA records. This established, family-owned and managed business offers a turnkey investment opportunity with significant potential for future growth and expansion. Priced at $1,200,000, this property represents a compelling opportunity for investors seeking a high-yield, diversified portfolio in a stable market.
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Carquest Auto Parts - McKee Auto Supply Auto Parts Store
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
Similar Nearby for Sale
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.