123 Big Sink Pike, Versailles, KY 40383

$912,500
Property Type: Commercial Sale Square Footage: 7,000 Lot Size (sq. ft.): 44,431 Status: Closed
Current Price: $912,500 List Date: 7/12/2012 Last Modified: 9/03/2025

Overview

Description

Great Investment Opportunity. Same daycare facility has operated at this location since 1995. Generating $92,000 NOI annually, 8.1 Cap Rate. Monthly income of $8800, with utilites paid by tenant. Located near numerous business locations.

Listing Details MLS# 1213228

Listing Information

Property Sub Type
Mixed Use

Status Change Information

Price Change Timestamp
2012-12-21T18:50:06Z
Status Change Timestamp
2012-12-21
Purchase Contract Date
2012-12-10
Close Date
2012-12-20
Close Price
912500
Buyer Financing
Cash

Address

County
Woodford
Street Number
123
Street Name
Big Sink Pike
State
KY
Zip Code
40383

Contract

Original List Price
1135000
Start Showing Date
2012-07-11
Listing Contract Date
2012-07-11
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
162.14
Sold Price/SqFt
130.36
SP/LP
0.8

Tax Legal

MLS Area Major
010 - Woodford County
Subdivision Name
Commercial

Interior

Living Area
7000
Building Area Total
7000

More Information

Parking Information

Parking Total
20

Building

Year Built
1993
Stories Total
Yes

Lot

Lot Size Acres
1.02
Lot Size Square Feet
44431.24

Remarks

Public Remarks
Great Investment Opportunity. Same daycare facility has operated at this location since 1995. Generating $92,000 NOI annually, 8.1 Cap Rate. Monthly income of $8800, with utilites paid by tenant. Located near numerous business locations.

Income and Expenses

Gross Income
105600
Gross Scheduled Income
8800
Net Operating Income
92100

Tax & Legal

Zoning Description
R-3
Directions
Us 60 to Versailles. Veer right on By Pass. Turn right at Big Sink Pike (at traffic light, fire house on your right), daycare center on your left.

Association/Community

Number Of Buildings
1

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Available
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Special Listing Conditions

Standard
Yes

Business Type

Mixed
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available Business Type: Mixed Parking Features: On Site; Paved Possession: Close Of Escrow Sale Includes: Building(s); Land Special Listing Conditions: Standard Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Listing Office: The Gibson Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.