862 Main St Monticello, KY 42633
This exceptional 14,000+ square foot commercial building presents a remarkable investment opportunity in Monticello, KY. Situated on a 1.6-acre lot with ample road frontage, this property enjoys a highly desirable location directly across from a planned industrial park, promising significant future growth. The sturdy concrete block construction offers versatility, suitable for a single large tenant or multiple smaller businesses. The layout is adaptable, allowing for various configurations to meet diverse operational needs. A 2,500+ square foot retail space features counter space, a large display area, stockroom, offices, and two restrooms. This area connects to a covered pavilion, ideal for outdoor sales or markets. A 3,700+ square foot warehouse section boasts high ceilings, a loft area, and three loading docks, making it perfect for businesses requiring efficient goods handling. The building also includes a 3,400+ square foot warehouse section connected to a fenced gravel lot with ten 10x24 covered bays, one 9x14 bay, and a large drive-through bay – an excellent space for automotive-related businesses. Ample parking is available for both employees and customers. The property is priced at $329,000 and is deed-restricted against fertilizer business use. This property offers significant potential for a wide range of commercial ventures. Its size, location, and adaptable layout make it an attractive investment in a growing area.
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
No recorded transactions found for this property.
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.