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    949 Camargo Rd Mount Sterling, KY 40353

    • Commercial real estate
    • 90,000 SF
    • 2.56 lot acres
    For Sale
    View listing
    $2,100,000
    Value Estimation
    Location Intelligence
    Property ID
    US34-2061980
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 949 Camargo Rd

    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.56 lot acres
    Property size
    90,000 SF
    Property type
    Commercial real estate
    APN
    23M-60-21-023.02
    APU
    23M602102302

    Description

    This exceptional 90,000-square-foot warehouse, situated on a 2.56-acre lot in Mount Sterling, Kentucky, presents a compelling investment opportunity. The single-story building, renovated in 2024, boasts a mix of concrete and asphalt flooring across approximately 60,000 square feet. Ceiling heights vary between 14 and 20 feet, providing ample vertical space. Access is facilitated by three 14-foot drive-in doors and an additional truck-level loading dock at the rear. The property features a 240V electrical capacity, with the potential for a swift upgrade to 480V due to a nearby substation. The roof underwent comprehensive repairs, with a portion completed in 2018 and the remainder in 2024, ensuring structural integrity. Its strategic location offers unparalleled convenience, just one minute from Highway 686 and seven minutes from I-64, providing easy access to major transportation arteries. This property is ideally suited for businesses requiring extensive dry storage or investors seeking a redevelopment project. The asking price is $2,100,000. The address is 949 Camargo Rd, Mount Sterling, KY 40353, located at the intersection of Camargo Road (US 460) and S Queen Street. Mount Sterling, in Montgomery County, benefits from its proximity to Lexington (29 miles east) while maintaining the advantages of a rural community, including a strong work ethic, affordable land and building costs, readily available labor, and low employee turnover. This warehouse offers a unique blend of functionality, accessibility, and growth potential. One dock-high door is included.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Sterling
    County
    Montgomery
    State
    Kentucky
    Longitude
    -83.9364
    Latitude
    38.0474
    CBSA code
    34460
    CBSA name
    MOUNT STERLING, KY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,829
    $0.00
    $0.00
    $170,000
    -
    $0.00
    $0.00
    $170,000

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    949 Camargo Rd
    Mount Sterling, KY 40353
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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