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    Versailles, KY
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    Versailles, KY Specialty Properties for Sale

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    Lexington, KY Lawrenceburg, KY Frankfort, KY Midway, KY Nicholasville, KY Georgetown, KY Wilmore, KY Salvisa, KY
    High-Traffic Retail Investment Opportunity
    Updated: Jul 1, 2025
    High-Traffic Retail Investment Opportunity

    508 Lexington Road, Versailles, KY 40383

    $595,000
    1,812 sqft
    High‑traffic location on a major retail corridor, directly across from the largest Kroger in Kentucky, surrounded by national retailers.
    NN lease provides stable, passive income of $37,173 annually with a 6.25% cap rate.
    Leased to Giovanni's Pizza, a well‑established regional brand with over 100 locations.
    Tenant responsible for most expenses (interior, parking lot, utilities, property taxes, HVAC repairs and maintenance).
    Drive‑through access caters to customer convenience.
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    This listing looks promising.

    Here's a quick look at some key insights for

    508 Lexington Road, Versailles, KY 40383

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $301K
      Suggested
    View Property Analytics
    Versatile Building Near Glitz Restaurant
    Updated: May 14
    Versatile Building Near Glitz Restaurant

    4210 Fords Mill Road, Versailles, KY 40383

    $250,000
    2,052 sqft 0.93 AC lot
    Multi‑use building suitable for church, wedding venue, or banquet hall
    Located on 0.93 acres
    Directly across from The Glitz Restaurant
    Ideal for special occasions due to proximity to dining
    Versatile property with high potential
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    Mixed-Use Daycare and Apartment Building
    Mixed-Use Daycare and Apartment Building

    380 Amsden Avenue, Versailles, KY 40383

    $600,000
    8,448 sqft 1.15 AC lot

    Daycare with four fully occupied apartment units above, including two 2-bedroom and two 1-bedroom layouts.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Versailles, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Townhome Apartment Building
    Townhome Apartment Building

    166-180 Heritage Drive, Nicholasville, KY 40356

    $1,370,000
    10,688 sqft 0.51 AC lot

    Well-updated townhome units with 2-bedroom layouts, one-car garages, and tenant-paid utilities.

    View details
    Development Land with Major Road Frontage
    Development Land with Major Road Frontage

    3218 Lexington Road, Nicholasville, KY 40356

    $6,080,000
    76.00 AC lot

    76-acre A-1 zoned tract with 175 feet of frontage on Lexington Road and an average of 35,100 VPD.

    View details
    Church Property with Restaurant Equipment
    Church Property with Restaurant Equipment

    1255 Harrodsburg, Lawrenceburg, KY 40342

    Contact for pricing

    Former restaurant space retains cooking vents and freezers, now operating as a church with a rented upstairs apartment.

    View details
    Established Firewood Supply Company
    Established Firewood Supply Company

    9999, Lawrenceburg, KY 40342

    $299,900

    Profitable commercial firewood supply company with corporate clients.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Riverfront Development Land
    Residential Riverfront Development Land

    L213-220 Upper River Road, Jeffersonville, IN 47130

    $360,000
    2.64 AC lot

    Residentially zoned tract with Ohio River frontage, comprising eight parcels sold together.

    View details
    Former Gymnasium with Historic Charm
    Former Gymnasium with Historic Charm

    133 Old Campus Road, Frenchburg, KY 40322

    $45,000
    1.00 AC lot

    Unique property with classic architecture and high ceilings, full of opportunity.

    View details
    Residential Land in Elizabethtown, KY
    Residential Land in Elizabethtown, KY

    601 New Glendale Road lot: Bush Lane, Elizabethtown, KY 42701

    $255,000
    7.00 AC lot

    7-acre residential land suitable for various development projects.

    View details
    Residential Land in Deerfield Township
    Residential Land in Deerfield Township

    Loveland, OH 45140

    Contact for pricing
    0.18 AC lot

    Building lot with utilities available in Loveland Park.

    View details

    Off-Market Properties in Versailles, KY

    Consider similar Off-Market properties in Versailles, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Versailles, KY 40383
    VETERINARY, ANIMAL HOSPITAL

    Versailles, KY 40383

    $2,600,000
    Estimated value
    30.46 AC lot
    View details
    467 Kroger Way
    Restaurants

    467 Kroger Way, Versailles, KY 40383

    Value Estimation by Request
    8,536 sqft
    View details
    101 Walnut St
    Life science properties

    101 Walnut St, Versailles, KY 40383

    Value Estimation by Request
    4,560 sqft
    View details
    167 Frankfort St
    Office Units

    167 Frankfort St, Versailles, KY 40383

    Value Estimation by Request
    3,100 sqft
    View details
    123 Big Sink Rd
    Day care centers

    123 Big Sink Rd, Versailles, KY 40383

    Value Estimation by Request
    7,101 sqft 1.02 AC lot
    View details
    247 Lexington Rd
    Office Units

    247 Lexington Rd, Versailles, KY 40383

    Value Estimation by Request
    1,660 sqft
    View details

    Versailles, KY Specialty Properties Market Trends and Statistics

    Explore 9 specialty properties for sale in Versailles, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,312 square feet of properties for sale, with an estimated market value of $1,445,000.

    Sale prices for properties in Versailles, KY start at $250,000, averaging $481,666, and reaching up to $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Churches & religious facilities 1
    Day care centers 1
    NNN properties 1
    Wedding venues 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) -0.3%
    Median Household Income $78,389
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

    Identify Versailles submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40383 $636.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $12.59 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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