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Property profile & analytics
FOR SALE
Turn key restaurants

54 Access Dr Monticello, KY 42633

1,514 SF 0.98 ac lot Built 2003
Individually Owned 7-yr Hold Free & Clear
Property ID
US34-1775275
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Construction WOOD
Total area 1,514 SF
Lot 0.98 ac (42,689 SF)
APN 065-00-00-077.03
UPID US34-1775275
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kenneth J Jensen · 7 yrs held
Kenneth J Jensen
since 2019
2 recorded transactions
2019
$920,000
2017
$330,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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