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Property profile & analytics
OFF-MARKET
Commercial real estate

421 Main St McKee, KY 40447

17.54 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 17.54 ac (764,042 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
Current use
Occupant on record · Public records
  • Carquest Auto Parts - McKee Auto Supply Auto Parts Store
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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