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Property profile & analytics
OFF-MARKET Estimated value $325,000
Commercial real estate

920 Byp Rd Winchester, KY 40391-1057

7,272 SF 0.52 ac lot Built 1994
Entity Owned Free & Clear
Property ID
US34-1671933
Property summary
AI-generated overview

This 7,200-square-foot, free-standing Class B office building presents a compelling owner-user opportunity in Winchester, KY. Located on a 0.53-acre lot with B-3 zoning at 920 Bypass Road, this property boasts exceptional visibility and high traffic counts exceeding 27,000 vehicles daily. Its strategic location places it directly across from Planet Fitness and Rural King, and adjacent to Captain D's. Originally designed for multiple tenants, the building currently features 11 private offices and two conference rooms on the main level, with additional large rooms and private offices upstairs. A significant advantage is the inclusion of approximately 1,680 square feet of storage space at the rear, accessible via overhead doors on both sides. Built in 1994, this property offers a versatile layout easily adaptable to various business needs. The asking price is $825,000, translating to $114.58 per square foot. This presents a rare chance to acquire a well-situated, spacious office building in a high-traffic area. The property is currently vacant, providing immediate occupancy for the new owner.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,272 SF
Lot 0.52 ac (22,782 SF)
Zoning code HIGHWAY BUSINESS
APN 042-2005-027-02
UPID US34-1671933
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
Current use
Occupant on record · Public records
  • Hannah Toole, Realtor Real Estate Agency
  • Sara Sturgill, Realtor with Coldwell Banker McMahan Real Estate Agency
  • Shawn Huber- REALTOR® with Coldwell Banker McMahan Real Estate Agency
  • Kathi Cheuvront, REALTOR with Coldwell Banker McMahan Real Estate Agency
  • Kimberly Fugate, Coldwell Banker McMahan Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$740k
Blend (final) Blend
$325k
Owner & transaction history
RPA LLC
RPA LLC
Zoning & alternative use
HIGHWAY BUSINESS · Winchester, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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