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    430 Us Highway 62 Eddyville, KY 42038

    Sponsored
    For Sale
    $425,000

    Income-producing dual-building complex, Hwy 62 frontage.

    Property size:
    6,170 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional commercial property, located at 430 US Hwy 62 E in Eddyville, KY, presents a lucrative investment opportunity. The 6,170 square foot complex sits on approximately 3.34 acres and boasts an impressive 280 feet of road frontage along Highway 62, benefiting from over 7,000 average annual daily traffic. The property comprises two separate buildings, both currently leased and generating income. The first building, a 1,800 square foot tire shop, includes multiple 14-foot overhead garage doors, dedicated office space, and substantial upper-level storage. The second building, a spacious 5,364 square foot workshop, is ideally suited for a variety of commercial uses. Currently configured as a maintenance shop, it retains existing lifts and features multiple offices, restrooms, and ample overhead storage. Adding to the property's profitability is a separate, existing easement agreement with a telephone company, generating a consistent monthly income of $1,000. This turnkey operation offers immediate return on investment with established tenants and a prime location for attracting new businesses. The property's high visibility and convenient access make it an exceptional opportunity for investors seeking a strong, income-generating asset in a thriving commercial area.

    Property Features for 430 Us Highway 62

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,170 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eddyville
    County
    Lyon
    State
    Kentucky
    Longitude
    -88.08036
    Latitude
    37.08991

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    FAQs

    What type of property is this?
    Commercial real estate - Income-producing dual-building complex, Hwy 62 frontage.
    Where is this commercial real estate located?
    The property is located at 430 Us Highway 62 Eddyville, KY.
    What is the asking price?
    The asking price for this property is $425,000.
    Request Owner's contact information
    430 Us Highway 62 Eddyville, KY 42038
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    Eddyville, KY 42038
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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
    430 Us Highway 62 Eddyville, KY 42038
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