123 Big Sink Pike, Versailles, KY 40383 (MLS# 1213228)

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.