619 Dickerson Ln Falmouth, KY 41040-1311
This exceptional Falmouth, KY property presents a unique investment opportunity encompassing over 9,000 square feet on a 0.49-acre lot. The versatile space includes a substantial warehouse featuring a concrete floor and an insulated ceiling, ideal for a variety of commercial uses. Three-phase electric service is readily available, catering to power-intensive operations. The warehouse also boasts two full bathrooms, enhancing convenience for employees and clients. A separate office area provides dedicated workspace, while a sizable storage area offers additional functionality. Adding significant value is a three-bedroom, two-bathroom owner's apartment, perfect for on-site management or residential use. Public utilities, including water, sewer, and natural gas, are connected to the property. Located in a prime Falmouth location, this property offers numerous possibilities for businesses seeking a combination of warehouse, office, and residential space. The combination of ample space, convenient amenities, and strategic location makes this a compelling investment opportunity. The property is priced at $425,000. 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.