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1437 Frst Ave Maysville, KY 41056-1629

OFF-MARKET Commercial real estate Google Maps
1,392 SF 0.27 ac lot
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$150k
Range $135k – $165k (±10%)
Property ID US34-1174592

Property summary

AI-generated overview

This exceptional mixed-use commercial property, situated in the heart of Maysville, Kentucky, presents a unique investment opportunity. The 0.27-acre lot features a substantial main building with two large garage bays, each equipped with overhead doors. Inside the garage area, you'll find valuable equipment including two post lifts, a wheel balancer, an air compressor, a waste oil heater, and a Hunter wheel alignment system. The building also boasts a convenient front entrance room leading directly into the garage space. Adding to the property's versatility are two additional 10x12 storage buildings. While one set of two-post lifts is currently not in use, the potential for expansion or repurposing is significant. The ample parking lot provides convenient access for customers and employees. This property is ideally suited for a variety of commercial uses, offering a blend of workshop, storage, and potential office space, all within a thriving Maysville location. The asking price is $120,000. This is a rare opportunity to acquire a well-equipped commercial property with significant potential in a desirable Kentucky market. The property's size and existing infrastructure make it an attractive option for entrepreneurs and investors alike.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,392 SF
Lot 0.27 ac (11,880 SF)
APN M08-34-015
UPID US34-1174592

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

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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