Commercial Warehouse/Flex Space For
1031 LAWRENCE ST Brandenburg, KY 40108
For Sale
Contact for pricing
Commercial warehouse/flex space available for sale.
Property Size4,200 SF
Price / SF$118.81
Days on Market64
Property Features for 1031 LAWRENCE ST
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- Retail, Industrial, Mixed Use
Building Details
- Year Built
- 1997
Listing Agency:
Kenny Smith Realty
(270) 401-1892
Listed By:
Brenda Pirtle · License #277309
Source:
Crexi
Added: May 22
Changed: Jul 10
Last Checked: Jul 23 at 4:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kenny Smith Realty
Investment Insights
Based on property information with market context.
This commercial property offers a versatile warehouse/flex space, suitable for various business operations. The property encompasses a total area of 4,200 square feet. Located on Lawrence Street in Brandenburg, Kentucky, this property presents an opportunity for businesses seeking a strategic location.
Key Highlights
- Commercial warehouse/flex space
- Year built: 1997
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $10.80 |
| − Vacancy | −$2.9k | −$0.70 |
| EGI | $42.4k | $10.10 |
| − OpEx | −$6.4k | −$1.51 |
| NOI | $36.0k | $8.58 |
4,200 SF · lease $10.80/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$515.0K
$450.6K – $600.8K
NOI $36,050 @ 7.0% cap · market cap 7.22%
Second Best
Flex RnD
$483.9K
$423.4K – $564.6K
NOI $33,874 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$885.4K
$774.8K – $1.03M
NOI $61,980 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Final Lap
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Flex space - Commercial warehouse/flex space available for sale.
Where is this flex space located?
The property is located at 1031 LAWRENCE ST Brandenburg, KY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Commercial warehouse/flex space; Year built: 1997
