Listing Agency: Keller Williams Realty Service b***@pivotrealty.com Show Phone

Listed By: Brandon Breeden · License #289384 Show Phone

Source: Exprealty

Added: Jan 26 Changed: Aug 21 Last Checked: Aug 24 at 1:57PM

Report an Issue

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 Keller Williams Realty Service

Investment Insights

Based on property information with market context.

This commercial property in Carrollton, KY, presents a prime investment opportunity. Currently leased at $1,500 per month for a 5-year term, the lease includes annual 2% rent escalations. The tenant is responsible for all utilities and lawn care/landscaping maintenance. The property is currently used as a therapy office, but has previously served as a tanning salon. Other potential uses include general professional offices or retail space. A large parking lot provides space for 10 to 15 cars. The lower level can be used for storage or built-to-suit for extended usable square-footage. Located in a thriving area, this property offers a solid return on investment.

Key Highlights

• Currently leased at $1,500/month with a 5‑year term.
• Annual 2% rent escalations.
• Tenant responsible for all utilities and lawn care/landscaping.

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

270

Businesses Nearby

Explore this area Business Placement

Demographics for 41008, KY

7,602

Population

3,104

Households

2.4

Avg Household Size

38

Median Age

7%

College-Educated

83%

High-School Grad

47.1 sq mi

ZIP Area

161

Density / Sq Mi

$60,000

Median Household Income

$38,162

Median Earnings

$848

Median Rent

$142,000

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Versatile Commercial Property in Carrollton

1405 Gillock Avenue, Carrollton, KY 41008

$170,000

2,148 SF

View details

Three-Unit Triplex with Storage

611 Highland Ave, Carrollton, KY 41008

$289,900

3,275 SF

View details

Industrial Distribution Center with Rail Spur

252 Jay Louden Rd, Carrollton, KY 41008

Contact for pricing

View details

Warehouse with Office and Multiple Doors

507 7th St, Carrollton, KY 41008

Contact for pricing

View details

Car Wash with Touchless Bay

2075 Hwy 227, Carrollton, KY 41008

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Office units - Leased commercial property in Carrollton, KY with income potential.

Where is this office units located?

The property is located at 1405 Gillock Rd Carrollton, KY.

What is the asking price?

The asking price for this property is $170,000.

What are key features of this property?

This property features: Currently leased at $1,500/month with a 5‑year term.; Annual 2% rent escalations.; Tenant responsible for all utilities and lawn care/landscaping.