160 Stewarts LnDanville, KY 40422

Property Details for 160 Stewarts Ln

Construction

STEEL FRAME

Lot size

6.76 AC

Property size (Sq ft)

49,390 SF

Zone code

COMMERCIAL

Property type

Industrial properties

APN

042-000-057

APU

42000057

Description

This exceptional 49,500 square foot industrial manufacturing facility sits on a generous 6.76-acre lot in the heart of Danville, Kentucky. The property boasts a prime location on Stewarts Lane, conveniently situated off the US-127 Bypass and directly across from a railroad spur, providing seamless access to the Bluegrass Parkway and I-75. The facility is zoned commercial and comprises several key structures. The main warehouse, a substantial 20,000 square foot (100' x 200') building, is designed for heavy-duty use, featuring a 25,000lb overhead crane capacity, 1200 Amp service (240V Delta), and three 12' x 14' overhead doors. Employee restrooms are included within this main warehouse. An attached 7,500 square foot (75' x 100') expansion area, currently utilized as a machine shop, offers additional warehouse space with 600 Amp service (480V Delta) and two overhead doors (10' x 10' and 10' x 16'). All buildings share consistent features: gas heat, post-frame construction, metal roofs, and 8-10 inch thick insulated concrete floors. A significant upgrade is the recently completed 640 square foot luxury break room, complete with a full kitchen, sophisticated refinished hardwood walls, jalousie windows, and a modern design, perfect for a showroom or high-end consumer-facing space. This area also has 100 Amp service. This turnkey operation presents a rare opportunity for businesses seeking a well-maintained, strategically located facility with significant expansion potential.

• CAP approach

  CAP return

  Valuation

  6%

  $19,482,000

  6.5%

  $17,983,400

  7%

  $16,698,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,824,720

  Geo Method

  $6,802,390

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $9,402,030

  Mixed-Use / Specialty

  $9,510,540

  Hospitality / Lodging

  $7,162,490

  Office

  $9,601,970

  Institutional / Educational

  $9,937,890

  Residential Income

  $11,627,300

  Multifamily

  $13,157,800

  Automotive / Energy

  $8,518,190

  Parking / Income-Based Land

  $2,799,200

  Restaurant / Food Service

  $5,249,620

  Healthcare / Senior Housing

  $9,607,230

Location Insight

City

Danville

County

Boyle

State

Kentucky

Latitude

37.6189

Longitude

-84.7958

CBSA code

19220

CBSA name

DANVILLE, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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