Property profile

198 Ct St Lawrenceburg, KY 40342

OFF-MARKET
Other office properties
Property ID
US34-1781490
3,348 SF
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

A 5,200-square-foot mixed-use building located in Lawrenceburg, KY, on a 0.119-acre lot off Main Street and along the World Famous Bourbon Trail. The building is configured with 30 private rooms separated by non-load-bearing walls, which allows room sizes and layouts to be modified, and includes 4 restrooms with 2 showers plus washer/dryer hookups. Multiple entrance/exit doors support separate access to different areas. The structure has provisions for overhead doors to be installed on both the front and rear, which would enable conversion to garage or warehouse-style use. The flexible zoning allows a range of commercial and residential applications, including uses such as medical facilities, daycare, hair salon, office, retail, mission or community center, church, or short-term lodging. The property also includes at least one defined two-station hair salon space, and it provides downtown parking.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,348 SF
APN L3-24-3
UPID US34-1781490

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
  • Hair Salon Nail Salon
  • Title Company
  • Roofing Company General Contractor
  • Probation Office
  • Marriage Or Relationship Counselor

Location

198 Ct St Lawrenceburg, KY 40342-1109
Lawrenceburg metro Census 950201 FRANKFORT, KY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2026
1 recorded transaction
2026
$357,500

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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