Property profile

8637 Hwy 259 Mc Daniels, KY 40152

OFF-MARKET
Grocery and convenience stores
Property ID
US34-2115788
1.5 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial site in McDaniels, Kentucky near Owensboro, located on over 1.5 acres of waterfront land along Rough River Lake. It has more than 300 feet of shoreline near the North Fork Bridge and approximately 275 feet of frontage on Highway 259, with direct lot-based boat access. The existing improvements include a convenience store, a restaurant, and a restroom facility with a shower room. The restaurant is configured for dining with water views, and the site includes parking and access near the North Fork campground, beach, and boat launch. Historically operated with services including gasoline and bait, as well as kayak rentals, and the site is positioned for marina-related uses based on its shoreline and access characteristics.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot 1.5 ac (65,427 SF)
APN 78-9-1
UPID US34-2115788

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8637 Hwy 259 Mc Daniels, KY 40152-7216
Mc Daniels metro Census 960502
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2019
3 recorded transactions
2019
$262,500
2018
$130,000
2017
$217,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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