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    Property profile & analytics

    939 Watts Crk Rd Williamsburg, KY 40769-9203

    • Commercial real estate
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    $155,000
    Last Sale
    Sep 02, 2022
    $150,000
    Location Intelligence
    Property ID
    US34-0489000
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Watts in Store / Storage Facility
    • Watts N Stor Storage Units / Storage Facility

    Property Details for 939 Watts Crk Rd

    Year built
    2008
    Construction
    FRAME
    Lot size
    0.35 lot acres
    Property type
    Commercial real estate
    APN
    109-00-00-139.01
    APU
    109000013901

    Description

    This exceptional self-storage facility presents a compelling investment opportunity in Williamsburg, Kentucky. Located at 939 Watts Creek Rd, 40769, this single-story, 2,808 square foot building sits on a 0.348-acre lot and boasts 32 units, currently operating at 55% occupancy. Built in 2008 and extensively renovated in 2022/2023, the property features a new metal roof, new gutters, improved drainage, and solar sensor lights. The facility includes 24 units measuring 8' x 12' and 8 units measuring 6' x 10', all enclosed within a chain-link fence. The asking price is $180,000, representing a price per square foot of $64.10 and a price per unit of $5,625. The property's Net Operating Income (NOI) is $9,063, yielding a 5.04% cap rate. The 12-foot ceiling height provides ample storage space. The property is zoned Rural and offers significant potential for increased occupancy and revenue. This is a vacant, gross lease, net lease investment opportunity. The property is ready for a new owner to maximize its potential. Recent improvements include a new metal roof, new gutters, improved drainage, and solar sensor lights. The property is fully fenced for security.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $155,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $140,000
      7%
      $135,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $170,000
      Mixed-Use
      $150,000
      Hospitality
      $155,000
      Educational
      $130,000
      Residential Income
      $170,000
      Energy
      $170,000
      Income-Based Land
      $170,000
      Food Service
      $130,000

    Location Insight

    • Map
    • Local Demand
    City
    Williamsburg
    County
    Whitley
    State
    Kentucky
    Longitude
    -84.1611
    Latitude
    36.7754
    CBSA code
    30940
    CBSA name
    LONDON, KY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,119
    $0.00
    $0.00
    $150,000
    -
    $0.00
    $0.00
    $150,000

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    Williamsburg, KY 40769-9203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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