467 Kroger Way Versailles, KY 40383
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.