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    5028 Key Ln, Unit Rt. 1428 Allen, KY 41601

    New
    For Sale
    $424,900

    Commercial - Allen, KY

    Property size:
    29,600 SF
    Lot size:
    7.00 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 5028 Key Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    29,600 SF
    Lot size
    7.00 Acres

    Building Details

    Year built
    1984
    Floors in Building
    2
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Redd, Brown & Williams Real Estate Services(Paint) (606) 789-8119

    Listing agent Cliff Bennett (606) 789-8119

    Listing date Dec 3, 2025

    MLS# 124110 Listing URL

    Copyright © 2025 Eastern 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.

    Overview

    Allen, KY Commercial Property

    This commercial property, situated near US 23 in Allen, KY, offers a total of 7 acres and includes three metal buildings, each featuring office space, warehouse/dock doors, and concrete floors. One of the buildings also contains two apartments. The property encompasses a total of 29600 square feet. The location and layout are suitable for various business ventures, such as an outdoor power sports business, with potential uses including an office, showroom, and inventory storage. The property's features and location provide limitless possibilities for business operations.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Law Firm Wholesale Shop Auto Repair Shop Pharmacy Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Allen
    County
    Floyd
    State
    Kentucky
    Longitude
    -82.719925
    Latitude
    37.6301333

    Nearby Similar for Sale

    • $475,000
      2,400 SF

      Commercial Property in Allen, KY

      Commercial property for sale in Allen, Kentucky. Investment opportunity.
      6499 Ky-1428, Allen, KY 41601
      View Details
    • $1,100,000
      8,000 SF

      Allen, KY Commercial Property

      Commercial property in Allen, KY, an investment opportunity.
      6459 Ky-1428, Allen, KY 41601
      View Details

    FAQs

    What type of property is this?
    Warehouse - Unique commercial property near US 23 with multiple buildings.
    Where is this warehouse located?
    The property is located at 5028 Key Ln, Unit Rt. 1428 Allen, KY.
    What is the asking price?
    The asking price for this property is $424,900.
    What are key features of this property?
    This property features: - Ideal for business expansion or startup with versatile buildings and land.; - Close proximity to US 23 for convenient access and visibility.; - Three metal buildings, each with office space and warehouse/dock doors.
    (606) 789-8119
    Request Owner's contact information
    5028 Key Ln, Unit Rt. 1428 Allen, KY 41601
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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
    5028 Key Ln, Unit Rt. 1428 Allen, KY 41601
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