54 Access Dr Monticello, KY 42633
For Sale
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This exceptional 0.98-acre commercial property, located at 54 Access Drive in Monticello, Kentucky, presents a unique investment opportunity. Previously occupied by a Sonic Drive-In, this site boasts a highly desirable location within a high-traffic area, ensuring excellent visibility and accessibility for any business. The property's existing infrastructure includes a fully functional drive-thru system, a significant advantage for businesses reliant on quick and convenient service. Ample parking is also available, accommodating a substantial number of customers. The versatile building offers a blank canvas for a variety of commercial ventures, from continuing the fast-food tradition to establishing a coffee shop or other retail establishment. The possibilities are truly limitless for entrepreneurs seeking a well-positioned and established location to launch or expand their business. The property is offered at $599,000. This is an exceptional opportunity to acquire a ready-to-go commercial space in a thriving Kentucky community. The existing infrastructure significantly reduces start-up costs and allows for a swift transition into operation. Don't miss this chance to secure a prime commercial location with significant potential for growth and profitability. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.