New Plaza Retail
For Sale
Contact for pricing
1326 Woodland Drive, Elizabethtown, KY 42701
A newly constructed unit offers flexible commercial space near Dixie Highway and Ring Road.
Property Size1,600 SF
Price / SF$2.06
Days on Market73
Property Features for 1326 Woodland Drive
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
1,600 SF
Year Built
2026
Listing Agency:
KENNY SMITH REALTY LLC
Listed By:
Cameron Smith · License #278930
(270) 401-7031
Source:
Olive-oak
Added: Aug 21
Changed: Oct 30
Last Checked: Oct 30 at 1:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KENNY SMITH REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail unit provides 1,600 square feet within a plaza built in 2026. Its placement in a new commercial development supports a range of retail space configurations.
The property is in Elizabethtown, with access near Dixie Highway and Ring Road.
The property is in Elizabethtown, with access near Dixie Highway and Ring Road.
Key Highlights
- 1,600 square feet of retail space
- Located in a plaza built in 2026
- Near Dixie Highway and Ring Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,676
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,520
$353.5K
Cap Rate 7%
$252,514
$252.5K
Cap Rate 9%
$196,400
$196.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$26.3K $16.44/SF
− Vacancy
−$1.1K −$0.66/SF
EGI
$25.3K $15.78/SF
− OpEx
−$7.6K −$4.73/SF
NOI
$17.7K $11.05/SF
Area
Hardin County, KY
Vacancy
4.00%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,520
Cap Rate 7%
$252,514
Cap Rate 9%
$196,400
Alternative Uses
Best Use
Retail
$252.5K
$221.0K – $294.6K
NOI $17,676 @ 7.0% cap · market cap 535.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.6K
$253.4K – $337.9K
NOI $20,275 @ 7.0% cap · market cap 614.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
Explore this area
Business Placement
Demographics for 42701, KY
52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A newly constructed unit offers flexible commercial space near Dixie Highway and Ring Road.
Where is this retail space located?
The property is located at 1326 Woodland Drive Elizabethtown, KY.
What are key features of this property?
This property features: 1,600 square feet of retail space; Located in a plaza built in 2026; Near Dixie Highway and Ring Road
