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Property profile & analytics
OFF-MARKET Estimated value $690,000
Flex space

475 Connector Rd Georgetown, KY 40324-9729

20,164 SF 8.07 ac lot Built 1991
Individually Owned 16-yr Hold Free & Clear
Property ID
US34-2016133
Property summary
AI-generated overview

This exceptional 8.06-acre commercial property in Georgetown, Kentucky presents a significant investment opportunity. Strategically located within city limits, it enjoys high visibility due to its proximity to a prestigious golf course, numerous residential developments, hotels, and retail establishments. The property's prime location offers unparalleled access, being just 2.5 miles from the Toyota Motor Manufacturing plant and within one mile of Interstate 75. Existing improvements include a 7,609 square foot office building, providing immediate usability and potential for expansion or renovation. In addition, there is 13,900 square feet of space currently used for storage, warehouse, and mechanical purposes. This versatile space offers flexibility for a variety of commercial uses. The property is zoned B-2, allowing for a wide range of commercial development options, from expansion of existing structures to entirely new construction. This presents a rare chance to acquire a substantial parcel with existing infrastructure in a high-demand area, ideal for investors and developers seeking to capitalize on its exceptional location and potential. The combination of existing buildings and ample land provides significant flexibility for future development and expansion.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1991
Total area 20,164 SF
Lot 8.07 ac (351,355 SF)
APN 189-10-088.000
UPID US34-2016133
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
Current use
Occupant on record · Public records
  • Geoscience Consultants Inc Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$574k
Blend (final) Blend
$690k
Owner & transaction history
Thomas K Sturgill · 16 yrs held
Thomas K Sturgill
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $915,000 +130.7%
Neighborhood: shopping center $590,000 +48.8%
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