949 Camargo RdMount Sterling, KY 40353

Property Details for 949 Camargo Rd

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.56 AC

Property size (Sq ft)

90,000 SF

Property type

Commercial real estate

APN

23M-60-21-023.02

APU

23M602102302

Description

This exceptional 90,000-square-foot warehouse, situated on a 2.56-acre lot in Mount Sterling, Kentucky, presents a compelling investment opportunity. The single-story building, renovated in 2024, boasts a mix of concrete and asphalt flooring across approximately 60,000 square feet. Ceiling heights vary between 14 and 20 feet, providing ample vertical space. Access is facilitated by three 14-foot drive-in doors and an additional truck-level loading dock at the rear. The property features a 240V electrical capacity, with the potential for a swift upgrade to 480V due to a nearby substation. The roof underwent comprehensive repairs, with a portion completed in 2018 and the remainder in 2024, ensuring structural integrity. Its strategic location offers unparalleled convenience, just one minute from Highway 686 and seven minutes from I-64, providing easy access to major transportation arteries. This property is ideally suited for businesses requiring extensive dry storage or investors seeking a redevelopment project. The asking price is $2,100,000. The address is 949 Camargo Rd, Mount Sterling, KY 40353, located at the intersection of Camargo Road (US 460) and S Queen Street. Mount Sterling, in Montgomery County, benefits from its proximity to Lexington (29 miles east) while maintaining the advantages of a rural community, including a strong work ethic, affordable land and building costs, readily available labor, and low employee turnover. This warehouse offers a unique blend of functionality, accessibility, and growth potential. One dock-high door is included.

• Alternative Use

  Use

  Valuation

  Residential

  $17,674,466

  Hospitality

  $16,189,717

  Educational

  $13,469,654

  Medical

  $13,932,896

  Retail

  $20,952,796

Location Insight

City

Mount Sterling

County

Montgomery

State

Kentucky

Latitude

38.0474

Longitude

-83.9364

CBSA code

34460

CBSA name

MOUNT STERLING, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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