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    7521 Us Hwy Gilbertsville, KY 42044

    For Sale
    $499,000

    Prime KY location, multiple income streams, 9.25 acres

    Property size:
    1,248 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, situated on 9.25 acres at 7521 US Hwy 641N in Gilbertsville, Kentucky, presents a rare business opportunity. Boasting 400 feet of road frontage on a high-traffic thoroughfare, this location offers unparalleled visibility and accessibility. Just minutes away from Kentucky Dam State Park, a marina, a golf course, and the I-24 interchange, the property benefits from significant foot and vehicle traffic. The existing structures include a 1,248 square foot building previously used as a convenience store, bait shop, and gas station, complete with a two-bay garage featuring a lift. Six storage units are also included. An 80x32 detached building features walk-in coolers, ideal for a liquor store or similar business. A 2002 double-wide mobile home, updated with a new roof and appliances, and central heating and cooling, is also on the property. The property has a clean EPA report. The expansive acreage behind the buildings offers significant potential for future development or expansion. This versatile property is priced at $499,000 and presents a unique opportunity for a variety of commercial ventures.

    Property Features for 7521 Us Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,248 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gilbertsville
    County
    Marshall
    State
    Kentucky
    Longitude
    -88.29517
    Latitude
    36.97881

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    FAQs

    What type of property is this?
    Commercial real estate - Prime KY location, multiple income streams, 9.25 acres
    Where is this commercial real estate located?
    The property is located at 7521 Us Hwy Gilbertsville, KY.
    What is the asking price?
    The asking price for this property is $499,000.
    (270) 252-1111
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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
    7521 Us Hwy Gilbertsville, KY 42044
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