Property profile

2630 Ring Rd Elizabethtown, KY 42701

OFF-MARKET
Commercial real estate
Property ID
US34-0642094
1.54 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property in Elizabethtown, KY, presents a lucrative investment opportunity. Located at 2630 Ring Road on a 1.54-acre lot, this property boasts a high-performing Valvoline Instant Oil Change service center operating under a secure NNN lease, ensuring consistent revenue generation. The property also includes a Super Slant 3 Auto-wash, offering both self-service and automatic car wash options, further diversifying income streams. The combined businesses benefit from a prime location with high daily traffic volume, proximity to residential areas and retail centers, and advantageous positioning near the rapidly developing Blue Oval SK Battery Park. This strategic location ensures high visibility and strong potential for long-term growth and sustained cash flow. The property's diverse tenant mix and secure leases contribute to a reliable and robust income profile, making it an attractive investment in a thriving market experiencing significant economic expansion. The asking price is $4,600,000. Further details are available in the property brochure.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.54 ac (67,082 SF)
APN 231-20-00-010.05
UPID US34-0642094

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Car Wash

Location

2630 Ring Rd Elizabethtown, KY 42701-9118
Elizabethtown metro Census 1100 ELIZABETHTOWN-FORT KNOX, KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2018
Price N/A
2017
$121,100
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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