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Property profile

467 Kroger Way Versailles, KY 40383

OFF-MARKET
Retail properties & Spaces
1,272 SF 1.38 ac lot Built 2020
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Property summary

AI-generated overview

This exceptional 1,272-square-foot retail space is located at 467 Kroger Way in Versailles, Kentucky, within a thriving commercial center. Built in 2020, the single-story building sits on a 1.38-acre lot and offers 55 parking spaces, ensuring convenient access for customers. The property is zoned B4 and features a prime location adjacent to a new Kroger grocery store, driving significant foot traffic. Currently, the center boasts a strong tenant base including My Smile dental office, Jimmy Johns, and Verizon (commencing January 2025). This ensures a vibrant and busy atmosphere, attracting a diverse customer base. The surrounding area is further enhanced by the presence of established businesses such as Goodwill, Starbucks, McDonald's, Wendy's, and a Holiday Inn, creating a robust commercial ecosystem. The entire 1,272 square feet is currently available, presenting a unique opportunity for a variety of retail uses, including restaurants and mixed-use businesses. The property's parcel number is 30-8002-002-00. This is an ideal location for businesses seeking high visibility and strong customer traffic in a rapidly growing area of Versailles.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2020
Total area 1,272 SF
Lot 1.38 ac (60,113 SF)

Cap rate & NOI

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

Location

467 Kroger Way Versailles, KY 40383
Versailles 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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