Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Lot on Dixie Title is generated by Realmo AI

    146 Bourbon Trail, Radcliff, KY 40160

    View on Map
    Claim this Listing
    For Sale
    $1,650,000

    Commercial - Radcliff, KY

    Lot size:
    5.08 Acres
    Added:
    Jun 5, 2023
    Days on Market:
    1074
    Last Refresh:
    May 13 at 6:06 pm

    Property Features for 146 Bourbon Trail

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Paved or Surfaced
    Standard status
    Active
    Lot size
    5.08 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeff Farmer

    Listing agent Jeff Farmer

    Listing office EXP REALTY 2303 Hurstbourne Village Drive, Prospect, KY

    Listing date Jun 5, 2023

    MLS# HK23001782 Listing URL

    Copyright © 2026 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Premier commercial lot in thriving retail corridor on Dixie Hwy: High visibility and accessibility.
    • Fully pad‑ready with complete utilities: Turnkey development opportunity.
    • Strategically located near over‑performing Walmart Neighborhood Market: Benefits from high customer traffic.
    • Advanced infrastructure: State‑of‑the‑art curb and gutter roads, and established off‑site storm water mechanisms.
    • Surrounded by diverse mix of retailers and hospitality: Anchored by McDonald's, Five Star Food Mart, and multiple hotel brands.
    • Proximity to Kentucky Bourbon Trail's Boundary Oak Distillery: Attracts close to a million tourists annually.

    Overview

    This 5.08-acre commercial lot is located off Dixie Hwy in Radcliff, KY. Situated in a thriving retail corridor, the property is fully pad-ready and equipped with complete utilities. It features advanced curb and gutter roads, along with established off-site storm water mechanisms. The lot is strategically positioned just north of a high-performing Walmart Neighborhood Market. The location benefits from robust commercial frontage on Dixie Hwy amidst a bustling retail corridor. The surrounding area includes a diverse mix of retailers and hospitality providers such as McDonald's, Five Star Food Mart, Holiday Inn Express, Candlewood Inn Suites, Hampton Inn, Huddle House, and Colton's Steakhouse. The property is near the Boundary Oak Distillery, a part of the Kentucky Bourbon Trail's Craft Tour, which attracts close to a million visitors annually. This location presents a development opportunity in a dynamic commercial environment.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Radcliff
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.9137523
    Latitude
    37.7984571

    Nearby Similar for Sale

    • $795,000

      Radcliff Commercial Property with Living

      Commercial property in Radcliff, KY with retail and living space.
      105 Lott Way, Radcliff, KY 40160
      View Details
    • $695,000

      Radcliff Commercial Lot For Sale

      Commercial lot ready for development near hotels and highways.
      20 Bourbon Street, Radcliff, KY 40160
      View Details
    • $600,000

      Prime Commercial Land Opportunity

      2.34-acre commercial land for retail development in Radcliff, KY.
      3980 S Dixie Boulevard, Radcliff, KY 40160-0000
      View Details
    • $450,000

      Radcliff, KY Multi-Family Investment

      Fully leased four-unit apartment building in Northern Hardin County.
      115 Kenilworth Court, Radcliff, KY 40160
      View Details
    • $2,605,000

      Radcliff Commercial Development Opportunity

      Prime commercial land in Radcliff, Kentucky, for sale.
      2393 S Dixie Boulevard, Radcliff, KY 40160
      View Details
    • $268,000
      2,520 SF

      Large Home, Income Potential

      Large home with multi-unit rental and income potential.
      694 N Logsdon Parkway, Radcliff, KY 40160
      View Details
    • $595,000

      Radcliff Commercial Out-Lot For Sale

      Commercial out-lot suitable for retail or service businesses in Radcliff.
      2310 S Dixie Boulevard, Radcliff, KY 40160
      View Details
    • $175,000

      Prime Commercial Lot in Radcliff

      0.98-acre commercial lot with high visibility on S Dixie Blvd.
      Lot 1 S Dixie Boulevard, Radcliff, KY 40160
      View Details
    • $175,000

      Prime Commercial Lot on Dixie

      0.98-acre commercial lot with high visibility in Radcliff, KY.
      Lot 2 S Dixie Boulevard, Radcliff, KY 40160
      View Details
    • $495,000

      Radcliff Commercial Lot For Sale

      1.35-acre commercial lot in South Radcliff with utilities available.
      2459 S Dixie Boulevard, Radcliff, KY 40160
      View Details
    • $399,900

      Radcliff Acreage: Development or Homestead

      10+ acres in Radcliff, KY, ideal for development or homestead.
      2585 S Wilson Rd, Radcliff, KY 40160
      View Details
    • $455,000
      3,905 SF

      Radcliff Multifamily Investment Opportunity

      Six-unit multifamily property in Radcliff, near Fort Knox.
      412 Wood Creek Dr, Radcliff, KY 40160
      View Details

    FAQs

    What type of property is this?
    Commercial land - Pad-ready lot in thriving retail corridor near major retailers.
    Where is this commercial land located?
    The property is located at 146 Bourbon Trail Radcliff, KY.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: Premier commercial lot in thriving retail corridor on Dixie Hwy: High visibility and accessibility.; Fully pad‑ready with complete utilities: Turnkey development opportunity.; Strategically located near over‑performing Walmart Neighborhood Market: Benefits from high customer traffic.
    (270) 268-5315
    We can help!
    Listing Contact
    Jeff Farmer
    Real Estate License ID: 181853
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    146 Bourbon Trail, Radcliff, KY 40160
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!