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Property profile & analytics
OFF-MARKET
Commercial real estate

3355 St Rt 121 Mayfield, KY 42066

4,650 SF
Property ID
Property summary
AI-generated overview

This Mayfield, KY commercial property offers 4,650 square feet of versatile space, ideal for various businesses. The main building boasts three 12-foot-high bay doors (with 14-foot peaks), providing ample access for loading and unloading. A secondary building includes an additional bay door, expanding storage or operational capabilities. The property features robust 3-phase, 600 AMP electrical service, ensuring sufficient power for demanding operations. Approximately one acre of developable land offers significant expansion potential or future development opportunities. A significant advantage is the existing billboard, generating a consistent annual income of $2,000. This property presents a unique opportunity to acquire a well-equipped commercial space with substantial income potential and room for growth in a thriving Kentucky market. The building's high ceilings and multiple bay doors make it suitable for a wide range of commercial uses, from warehousing and distribution to manufacturing and light industrial operations. The combination of existing income, ample space, and development potential makes this a compelling investment opportunity. The property is located at 3355 ST RT 121 S, Mayfield, KY and is priced at $550,000.

Property profile
Verified
Property type Commercial real estate
Total area 4,650 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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