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    1138 Old Gallatin Rd Scottsville, KY 42164

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    For Sale
    $1,848,000

    Long-term NNN lease with a strong corporate guarantee.

    Property size:
    34,994 SF
    Lot size:
    4.36 Acres

    Property Features for 1138 Old Gallatin Rd

    General Information

    Size
    34,994 SF
    Lot size
    4.36 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

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

    Overview

    Tractor Supply Investment Opportunity

    This property is leased to Tractor Supply Co. under a long-term double-net (NN) lease with limited landlord responsibilities, primarily concerning the roof and structure. The roof was recently renovated, enhancing the property's value and reducing potential future maintenance costs. The lease is backed by a corporate guarantee from Tractor Supply Co., a major rural lifestyle retailer with over 2,200 stores across 49 states. Tractor Supply is ranked 293 on the Fortune 500 list and is publicly traded on the NASDAQ. The property is located in Scottsville, which was ranked in the top 10 growing cities in Kentucky. Since 2020, Scottsville's population has grown by over 5.5% and is projected to grow by another 1.5% over the next 5 years. The property also benefits from Belmark's recent $99 million investment to develop a new manufacturing facility in Scottsville. The 156,000- square-foot flexible packaging plant will create over 160+ new quality jobs and is slated to be completed by 2026. Large industrial leaders like Smuckers, Halton, and Dollar General have facilities in Allen County.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsville
    County
    Allen
    State
    Kentucky
    Longitude
    -86.203816
    Latitude
    36.743937

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    FAQs

    What type of property is this?
    Storefront property - Long-term NNN lease with a strong corporate guarantee.
    Where is this storefront property located?
    The property is located at 1138 Old Gallatin Rd Scottsville, KY.
    What is the asking price?
    The asking price for this property is $1,848,000.
    What are key features of this property?
    This property features: - Long-term (16-year) double-net (NN) lease with limited landlord responsibilities.; - Strong corporate guarantee from Tractor Supply Co., a Fortune 500 company.; - Recently renovated roof, reducing future maintenance costs.
    (332) 345-2408
    Request Owner's contact information
    1138 Old Gallatin Rd Scottsville, KY 42164
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    Scottsville, KY 42164
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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
    1138 Old Gallatin Rd Scottsville, KY 42164
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