Retail or Restaurant
For Sale
$450,000
1400 Old Ekron Rd, Brandenburg, KY 40108
Modern retail or restaurant building zoned B-1, built in 2015 and renovated in 2022.
Property Size2,369 SF
Price / SF$189.95
Days on Market112
Property Features for 1400 Old Ekron Rd
General Information
Standard status
Active
Size
2,369 SF
Zoning
B-1
Building Details
Year Built
2015
Year Renovated
2022
Buildings
1
Listing Agency:
EXP REALTY
(888) 624-6448
Listed By:
Jeff Farmer · License #181853
(270) 268-5315
Source:
Exprealty
Added: Jul 10
Changed: Oct 28
Last Checked: Oct 28 at 10:25AM
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 EXP REALTY
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Investment Insights
Based on property information with market context.
This modern retail or restaurant building provides 2,369 SF within a structure built in 2015 and renovated in 2022. The property is suited for retail or restaurant use and offers a current, updated setting for commercial operations.
The building is zoned B-1, supporting a range of commercial opportunities. It’s located at 1400 Old Ekron Rd in Brandenburg, KY 40108, in the Brandenburg area, offering a convenient base for a neighborhood-oriented retail or dining concept.
Designed for tenant-ready presentation following the 2022 renovation, the building’s size and zoning make it a practical fit for users seeking an established commercial footprint.
The building is zoned B-1, supporting a range of commercial opportunities. It’s located at 1400 Old Ekron Rd in Brandenburg, KY 40108, in the Brandenburg area, offering a convenient base for a neighborhood-oriented retail or dining concept.
Designed for tenant-ready presentation following the 2022 renovation, the building’s size and zoning make it a practical fit for users seeking an established commercial footprint.
Key Highlights
- 2,369 SF modern retail or restaurant building
- Built in 2015; renovated in 2022
- Zoned B‑1 for commercial opportunities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,671
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,420
$473.4K
Cap Rate 7%
$338,157
$338.2K
Cap Rate 9%
$263,011
$263.0K
Market Conditions
NOI Build-Up for 2,369 SF
Gross rent
$37.0K $15.60/SF
− Vacancy
−$3.1K −$1.33/SF
EGI
$33.8K $14.27/SF
− OpEx
−$10.1K −$4.28/SF
NOI
$23.7K $9.99/SF
Area
Meade County, KY
Vacancy
8.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,420
Cap Rate 7%
$338,157
Cap Rate 9%
$263,011
Alternative Uses
Best Use
Retail
$338.2K
$295.9K – $394.5K
NOI $23,671 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$499.4K
$437.0K – $582.7K
NOI $34,960 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
182k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 26%
Groceries 18%
Superstores 8%
Kroger
Groceries
32,277 visits/mo
0.3 miles
McDonald's
Dining
24,421 visits/mo
0.3 miles
Circle K
Shops & Services
17,996 visits/mo
0.1 miles
Big Lots
Superstores
15,092 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
12,918 visits/mo
0.3 miles
Demographics for 40108, KY
12,601
Population
5,311
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
91%
High-School Grad
69.0 sq mi
ZIP Area
183
Density / Sq Mi
$71,480
Median Household Income
$45,238
Median Earnings
$836
Median Rent
$216,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Modern retail or restaurant building zoned B-1, built in 2015 and renovated in 2022.
Where is this retail space located?
The property is located at 1400 Old Ekron Rd Brandenburg, KY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,369 SF modern retail or restaurant building; Built in 2015; renovated in 2022; Zoned B‑1 for commercial opportunities
