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    244 W H Brown Rd Russellville, KY 42276

    Under Contract
    For Sale
    $769,000

    Commercial - Russellville, KY

    Lot size:
    2.87 Acres
    Days on Market:
    258
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 244 W H Brown Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    067-00-00-026-02
    Interior features
    Finished
    Exterior features
    Perimeter, Fence
    Fencing
    Fenced, Perimeter
    Lot size
    2.87 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1998
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    Keller Williams First Choice Realty (270) 782-1811 [email protected]

    Listing agent Jason Humble (270) 782-1811 License #216802

    Listing date Apr 1, 2025

    MLS# RA20251407 Listing URL

    Copyright © 2025 REALTOR® Association of Southern Kentucky, 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

    Commercial Investment Property in Russellville

    This commercial property in Russellville, Kentucky, features three commercial buildings and an overhang building, situated on a 2.87-acre lot. An equipment rental business currently leases two buildings and the overhang under a three-year lease agreement with annual rent increases, generating $68,400 per year. The third building is leased to another business for $800 per month. The total yearly income from these leases is $78,000. The current owners have replaced the HVAC system and three overhead doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Auto Repair Shop Gym & Fitness Kitchen & Bath Storage Facility Garden Center Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Logan
    State
    Kentucky
    Longitude
    -86.8840133
    Latitude
    36.8683843

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    FAQs

    What type of property is this?
    Investment property - Commercial property with multiple buildings and income-generating leases.
    Where is this investment property located?
    The property is located at 244 W H Brown Rd Russellville, KY.
    What is the asking price?
    The asking price for this property is $769,000.
    What are key features of this property?
    This property features: - Substantial Yearly Income: Current leases generate $78,000 per year.; - Established Tenant: Equipment rental business with a 3-year lease and annual rent increases.; - Multiple Buildings: Includes 3 commercial buildings and an overhang building.
    (270) 782-1811
    Request Owner's contact information
    244 W H Brown Rd Russellville, KY 42276
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    Russellville, KY 42276
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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
    244 W H Brown Rd Russellville, KY 42276
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