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    7120 S 60 Ashland, KY

    For Sale
    $799,000

    Well-maintained commercial building with four reliable tenants and trucking bays.

    Lot size:
    2.70 Acres

    Property Features for 7120 S 60

    General Information

    Lot size
    2.70 Acres

    Source: EXP Realty LLC Agent Stephanie L Gilezan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building with Established Tenants

    This commercial building presents an investment opportunity with four established tenants. The property features over 20,000 square feet of space with trucking bays. The location on US 60 is a high-traffic area with excellent visibility, near Camp Landing, I64, and the Fairgrounds. Ample parking space is available for tenants and their patrons. The property is suitable for both seasoned investors and those looking to enter the commercial real estate market. The current tenants are on favorable leases, providing immediate income with potential for rent increases in the future. More space with trucking bays is available for lease.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    BIG BOY TOY STORAGE, Ashland 29th Street Storage, Climate Controlled Storage Units, Climate Controlled Storage, Move Rite Transfer & Storage Co

    Map

    City
    Ashland
    County
    Boyd
    State
    Kentucky
    Longitude
    -82.6379387
    Latitude
    38.4784144

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    FAQs

    What type of property is this?
    Warehouse - Well-maintained commercial building with four reliable tenants and trucking bays.
    Where is this warehouse located?
    The property is located at 7120 S 60 Ashland, KY.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Over 20,000 sf of use with trucking bays.; - Four established tenants providing a variety of services.; - Strategically situated on US 60, a high-traffic area with excellent visibility.
    (502) 817-6484
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    7120 S 60 Ashland, KY
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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
    7120 S 60 Ashland, KY
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