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Property profile

121-146 Stone Trace Dr Mount Sterling, KY 40353

OFF-MARKET
Land
0.9 ac lot
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Property summary

AI-generated overview

Seven commercial development lots totaling approximately 0.9 to 11.96 acres are available for sale in Mount Sterling, Kentucky. Located at 121-146 Stone Trace Dr, 40353, this exceptional opportunity boasts a prime location just off Maysville Road and I-64 at Exit 110, providing unparalleled visibility and accessibility. The property is zoned B-2, offering flexibility for a variety of commercial uses. Surrounding businesses include well-known national chains such as Cattleman's Roadhouse, Ramada, Comfort Inn & Suites, Krystal, Lee's Famous Recipe, McDonald's, Long John Silvers, KFC, and Wendy's, indicating a strong retail presence and high consumer traffic. Furthermore, the site benefits from its proximity to CHI Saint Joseph Hospital Mount Sterling, a 42-bed community hospital. The land is priced competitively at $315,000 to $410,000 per acre. Individual lots are also available for ground lease. This presents a unique investment opportunity for developers seeking high-traffic locations in a thriving Kentucky community. The property's strategic location and surrounding amenities make it an ideal site for a variety of commercial ventures.

Property profile

Verified
Property type Land
Lot 0.9 ac (39,204 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121-146 Stone Trace Dr Mount Sterling, KY 40353
Mount Sterling metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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