3663 N Mayo Trl - Bank FOR SALE


Pikeville, KY 41501
$562,500 USD
859-806-4407
3663 N Mayo Trl, Pikeville, KY for Sale
$562,500 USD
Bank - FOR SALE
1/2
null | Request Cap Rate

3663 N Mayo Trl
Pikeville, KY 41501


HIGHLIGHTS

  • Freestanding office/retail building located on North Mayo Trail.
  • Positioned along a commercial corridor with approximately 25,689 vehicles per day.
  • Adjacent to McDonald's and Advance Auto Parts.
  • Includes 26 existing parking spaces with potential for expansion.
  • Approximately ten minutes from Pikeville Medical Center and the University of Pikeville.
  • Convenient access to Downtown Pikeville and surrounding Eastern Kentucky communities.

OVERVIEW

3663 N Mayo Trail presents an opportunity to acquire a freestanding office/retail property positioned along one of Pikeville's primary commercial corridors. The approximately 1,780-square-foot building sits on approximately 0.5 acres and benefits from direct exposure along US 23/North Mayo Trail, a heavily traveled route serving Pikeville and the surrounding Eastern Kentucky region. The property's location places it within an established retail and service corridor featuring a mix of national and regional businesses. Adjacent retailers include McDonald's and Advance Auto Parts, contributing to consistent commercial activity and visibility. The site offers 26 existing parking spaces with the potential for additional parking, supporting a variety of office, retail, or service-oriented uses. Pikeville serves as a regional center for healthcare, education, retail, dining, and professional services. The property is located approximately ten minutes from Pikeville Medical Center and the University of Pikeville, two significant institutions that contribute to local employment and daily visitation. Convenient access to Downtown Pikeville and surrounding communities further expands the property's reach and accessibility. With a reported traffic count of approximately 25,689 vehicles per day on North Mayo Trail, the asset offers substantial exposure to both local and regional traffic. The combination of a freestanding building configuration, established commercial surroundings, accessible location, and available parking creates a compelling opportunity for owner-users, investors, or businesses seeking a visible presence in Pikeville's commercial market.

FOR SALE DETAILS

PRICE

$562,500 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jim KemperNAI Isaac Commercial PropertiesMore Info
859-806-4407

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Jim KemperNAI Isaac Commercial PropertiesMore Info
859-806-4407

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.