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    OFF-MARKET
    Day care centers

    123 Big Sink Rd, Versailles, KY 40383

    7,101 SF 1.02 ac lot Built 1995
    Property ID
    US34-1583349
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Trustworthy Life Insurance Co Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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