Property profile

1070 Versailles Rd Frankfort, KY 40601

FOR SALE
Auto shops
Property ID
US34-1235663
25,000 SF
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

We are pleased to present a former Ford dealership for sale on Versailles Road in Frankfort. This opportunity is a turn-key Auto Dealership and Service facility on a rare, large +/-6 ac lot. There is a large service center with 22 lifts in place. Located in Frankfort on Versailles Road with a strong traffic count of +/-25,212 cars per day. The property is located in the heart of auto dealership row and other auto related uses, in close proximity to an abundance of retail including banks, gas stations, restaurants, grocery stores, etc. and less than 1 mile to I-64.

Property profile

Verified
Property type Auto shops
Total area 25,000 SF
UPID US34-1235663

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
  • Auto Repair Shop
  • Auto Repair Shop
  • Car Dealership
  • Auto Repair Shop
  • Car Dealership

Location

1070 Versailles Rd Frankfort, KY 40601
Frankfort metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
1 recorded transaction
2021
$4.8M

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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