941 Highway 25Williamsburg, KY 40769
- Office properties
- 0.66 AC
Property Details for 941 Highway 25
- Year built
- 2000
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.66 AC
- Zone code
- RESIDENTIAL
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 110-00-00-006.29
- APU
- 110000000629
Description
This exceptional commercial property, located at 941 Hwy 25 in Williamsburg, KY, presents a unique investment opportunity. Situated on a 0.66-acre lot, this highly visible building enjoys a prime road-front location directly across from the post office on a busy stretch of Highway 25. Previously a fully operational bank, the property boasts 2976 square feet of finished usable space, including a drive-through and vault, offering significant potential for a variety of commercial uses. The ample paved parking lot ensures convenient customer access. Its strategic location offers unparalleled convenience, with Interstate 75 just 3 miles away and numerous amenities within easy reach. Nearby establishments include a Dollar General and several gas stations, all within walking distance. This turnkey property is ready for immediate occupancy, making it an ideal choice for businesses seeking a high-traffic location with established infrastructure. The property's size and features make it suitable for a range of commercial ventures. The existing infrastructure, including the drive-through and vault, presents significant advantages for businesses requiring secure storage or convenient customer service. The property's visibility and proximity to major roadways and local amenities make it an attractive proposition for any discerning investor. The 0.66-acre lot provides ample space for expansion or future development. This is a rare opportunity to acquire a well-located, established commercial property in a thriving community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,932,670
- 6.5%
- $4,553,234
- 7%
- $4,228,003
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,443,835
- Geo Method
- $2,474,800
-
Alternative Use
- Use
- Valuation
- Residential
- $5,646,010
- Hospitality
- $5,171,715
- Educational
- $4,302,806
- Medical
- $4,450,786
- Retail
- $6,693,254
Location Insight
- City
- Williamsburg
- County
- Whitley
- State
- Kentucky
- Latitude
- 36.7574
- Longitude
- -84.1573
- CBSA code
- 30940
- CBSA name
- LONDON, KY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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