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Property profile & analytics
OFF-MARKET
Commercial real estate

1399 Hedden Rd Versailles, KY 40383

275 ac lot
Property ID
US34-2219991
Property summary
AI-generated overview

This remarkable 275-acre Kentucky property presents a unique investment opportunity in the heart of the thoroughbred industry. The meticulously maintained facility includes a six-furlong track with a heated viewing stand, a seven-furlong turf course, a one-mile woodchip gallop, and two state-of-the-art 26-stall training barns, totaling 122 stalls across four barns. Additional amenities include an aquatred and cold water spa, a large spring with a holding tank for track watering, three 60-foot round pens, a manager's house, two employee houses, a shop and hay storage complex, 40 paddocks, and eight larger fields. The property boasts four-plank fencing, automatic waterers, and is equipped with a four-horse starting gate and track maintenance equipment, including tractors, a water truck, harrows, and drags. Situated near prominent farms like Lane's End, Three Chimneys, Winstar, and Airdrie, this turnkey operation offers an unparalleled opportunity for discerning horse owners. The asking price is $9,450,000.

Property profile
Verified
Property type Commercial real estate
Lot 275 ac (11,979,000 SF)
UPID US34-2219991
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
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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