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    2812 Old Us 23 Louisa, KY

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    For Sale
    $1,438,345

    NNN leased Dollar General with 9+ years remaining on term.

    Property size:
    10,640 SF
    Lot size:
    1.39 Acres

    Property Features for 2812 Old Us 23

    General Information

    Size
    10,640 SF
    Lot size
    1.39 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Cody Crist

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

    Overview

    Dollar General NNN Investment Opportunity

    This property features an absolute NNN lease with Dollar General, built in 2018, with over 9 years remaining on the current term. The 10,640 square foot building is situated on a 1-acre parcel. It has frontage along HWY 2565, which generates almost 10,000 vehicles per day. Located in Eastern Kentucky, this is the only Dollar General in town. Louisa has a population of over 2,500 residents. This property is part of a larger 28-unit Kentucky portfolio and can be purchased individually or as part of the portfolio.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Similar Places Nearby

    Food City

    Map

    City
    Louisa
    County
    Lawrence
    State
    Kentucky
    Longitude
    -82.6921529
    Latitude
    38.1247349

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Dollar General with 9+ years remaining on term.
    Where is this grocery and convenience store located?
    The property is located at 2812 Old Us 23 Louisa, KY.
    What is the asking price?
    The asking price for this property is $1,438,345.
    What are key features of this property?
    This property features: - Absolute NNN Lease Dollar General built in 2018; - 9+ Years Remaining on Current Term; - Only Dollar General in Town
    (817) 304-8916
    Request Owner's contact information
    2812 Old Us 23 Louisa, KY
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    Louisa, 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
    2812 Old Us 23 Louisa, KY
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