1180 Lanes Mill RdLawrenceburg, KY 40342

Property Details for 1180 Lanes Mill Rd

Year built

2001

Lot size

47.91 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

54-5

APU

545

Description

This exceptional opportunity presents the chance to acquire Lovers Leap Vineyards & Winery, a renowned Kentucky establishment founded in 1994. Situated on a sprawling 45.88-acre farm, the property boasts over 25 acres of meticulously cultivated vineyards. These vineyards yield a diverse selection of high-quality grape varietals, including Aromella, Vignoles, Cynthiana/Norton, Chambourcin, Crimson Cabernet, and Petite Pearl. The winery's commitment to excellence extends beyond its estate-grown grapes, incorporating premium varietals sourced globally, such as Tempranillo, Petite Sirah, and Sangiovese. These wines undergo careful aging in American, Kentucky, and French oak barrels, resulting in a portfolio of exceptional wines. Beyond the winemaking operation, the property includes a substantial 3700 square-foot elegant wedding pavilion, perfect for hosting events. A spacious tasting room, inviting lounge, and expansive wrap-around deck provide ample space for guests to enjoy the stunning vineyard views. A guided tour of the winemaking facilities is available, offering prospective buyers a comprehensive understanding of the operation. This turnkey business offers a lucrative investment opportunity combined with the beauty and tranquility of a picturesque Kentucky vineyard. The asking price for this prestigious property is $5,600,000.

• CAP approach

  CAP return

  Valuation

  6%

  $570,108,032

  6.5%

  $526,253,568

  7%

  $488,664,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $454,193,248

  Geo Method

  $452,706,688

• Alternative Use

  Use

  Valuation

  Residential

  $443,914,560

  Hospitality

  $406,623,360

  Educational

  $338,305,856

  Medical

  $349,940,704

  Retail

  $526,253,568

Location Insight

City

Lawrenceburg

County

Anderson

State

Kentucky

Latitude

38.0947

Longitude

-84.8764

CBSA code

23180

CBSA name

FRANKFORT, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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