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Property profile & analytics
OFF-MARKET
Commercial land

619 Dickerson Ln Falmouth, KY 41040-1311

0.49 ac lot
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US34-1216616
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.49 ac (21,344 SF)
APN 042-70-13-004.00
UPID US34-1216616
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
David G Bruin · 6 yrs held
David G Bruin
since 2020
Last sale
$80,000
2 recorded transactions
2020
$80,000
2008
$80,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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