Property profile

1380 Hwy 192nd E London, KY 40741

OFF-MARKET
Medical Office Space
Property ID
US34-1531667
Built 1992
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1380 E Highway 192 in London, Kentucky, presents a compelling investment opportunity. Boasting 11,100 square feet of versatile space, this building is ideally situated on the Highway 192 Bypass, offering high visibility and convenient access to Interstate 75. The property sits on a 2.8-acre lot, providing ample parking and potential for future development. The building features numerous offices, a large conference/meeting room, a break room, multiple bathrooms, dedicated check-in areas, substantial storage space, and a significant drive-thru garage with covered customer entry. Previously used as a medical facility, this adaptable space lends itself to a wide range of commercial uses. Its prime location across from the Laurel County Public Library and Somerset Community College ensures high traffic and visibility. The property is part of the Charwynd Square subdivision (MLS lists as Charwind Square). The substantial size, convenient location, and versatile layout make this a truly remarkable opportunity for investors seeking a high-impact commercial property in a thriving Kentucky market. The asking price is $2,500,000.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
APN 063-50-00-001.00
UPID US34-1531667

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
  • Physician
  • Physician

Location

1380 Hwy 192nd E London, KY 40741-3123
London metro Census 970500 LONDON, KY MICROPOLITAN 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
$405k

Owner & transaction history

since 2025
2 recorded transactions
2025
$2.3M
2024
Price N/A

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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