123 Big Sink Rd, Versailles, KY 40383
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.