Property profile

123 Big Sink Rd Versailles, KY 40383

OFF-MARKET
Day care centers
Property ID
US34-1583349
7,101 SF 1.02 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional mixed-use investment opportunity encompasses two adjacent properties totaling 7,101 square feet on 1.02 acres in Versailles, Kentucky. Located on Big Sink Road, just a block from the bypass, this prime location offers easy access to numerous businesses. The property at 123 Big Sink Road, a 7,101 square foot building on 1.02 acres zoned R-3, is currently leased to a church on a short-term lease. Originally constructed as a daycare, this building presents significant potential for various uses, including owner-occupancy. The adjacent property, 125 Big Sink Road, features approximately 7,077 square feet (6,814 rentable) on approximately 1.703 acres and is zoned P-1. This building boasts four office tenants, providing immediate rental income. The 125 Big Sink Road lot offers additional development potential, allowing for the construction of an extra 5,200 square feet. Internal features include a lobby/reception area, two offices, six large rooms (each with a restroom and exterior entrance), a break room, kitchen area, meeting area with restroom, two additional restrooms, and a laundry room. The asking price for both properties is $1,325,000, presenting a compelling opportunity for both owner-users and investors seeking a diverse portfolio. The combined properties offer a unique blend of immediate income and future development potential in a thriving Kentucky location.

Property profile

Verified
Property type Day care centers
Year built 1995
Total area 7,101 SF
Lot 1.02 ac (44,431 SF)
UPID US34-1583349

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
  • Insurance Agency

Location

123 Big Sink Rd 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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