Property profile

1070 Elizabeth St Nicholasville, KY 40356

OFF-MARKET
Other industrial properties
Property ID
US34-0377003
900 SF Built 2009
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a personal storage warehouse (“garage-o-minium”) within a complex of individually owned units in Nicholasville, Jessamine County, Kentucky. It is configured for owner occupancy and storage uses such as RV and boat storage, business inventory storage, and commercial or household storage; it is not intended for retail business operations. Common area amenities include a lounge, restrooms with showers, and a kitchenette. The unit is secured with individually coded door and gate access and is designed for energy efficiency with over-insulated walls, insulated concrete, and translucent wall panels. Unit #34 provides a 24' x 50' (1,080 sq ft) main unit and includes a 24' x 24' (576 sq ft) mezzanine for a total of approximately 1,656 sq ft of usable space. Improvements include a 14' x 14' electric door, a man door, peg board workshop shelves, and racking; interior eave height is approximately 16' to 18' (single slope). Mechanical and utility features include sewer cleanouts located under the slab, connected water service, a 200 amp electric panel, slightly sloped floors for positive drainage to the outside, and exterior access with an RV clean-out point and outside water spigots.

Property profile

Verified
Property type Other industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2009
Total area 900 SF
APN 056-00-00-005.0H
UPID US34-0377003

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Storage Facility

Location

1070 Elizabeth St Nicholasville, KY 40356-8710
Nicholasville metro Census 60600 LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

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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