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    1405 Gillock Ave Carrollton, KY 41008

    For Sale
    $179,900

    COMMERCIAL - Carrollton, KY

    Property size:
    2,148 SF
    Lot size:
    0.14 Acres
    Days on Market:
    276
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1405 Gillock Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    C3-22-03
    Parking features
    Parking Lot
    Exterior features
    Lighting
    Basement
    Full
    Size
    2,148 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Zoned
    Water source
    Public

    Building Details

    Year built
    2010
    Floors in Building
    2
    Flooring type
    Vinyl
    Building materials
    Block, Metal Siding
    Roof type
    Metal

    Pivot Realty Group, LLC (859) 578-8111 [email protected]

    Listing agent Brandon Breeden (859) 578-8111 License #289384

    Listing date Mar 6, 2025

    Copyright © 2025 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carrollton Commercial Investment Opportunity

    This commercial property in Carrollton, KY, presents a prime investment opportunity. It is currently leased at $1,500 per month for a 5-year term, with annual 2% rent escalations. The tenant is responsible for all utilities and lawn care/landscaping maintenance. The property is situated in a thriving area of Carrollton, KY, and offers the potential for a solid return on investment. The current tenant uses the property as a therapy office, while past tenants have utilized the space as a tanning salon. Other potential uses include general offices for professionals or even retail space. The property has a large parking lot with space for 10-15 cars. The lower level can be used for storage or built-to-suit for extended usable square-footage. The property size is 2,148 square feet and it sits on a lot of 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Kentucky
    Longitude
    -85.159463
    Latitude
    38.678251

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    FAQs

    What type of property is this?
    Office space - Commercial property in Carrollton, KY, leased with annual rent escalations.
    Where is this office space located?
    The property is located at 1405 Gillock Ave Carrollton, KY.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Currently leased at $1,500/month with 2% annual rent escalations for a 5-year term.; - Tenant responsible for all utilities and lawn care/landscaping maintenance.; - Large parking lot with space for 10-15 cars.
    (859) 578-8111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1405 Gillock Ave Carrollton, KY 41008
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