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    14840 Fort Campbell Blvd Oak Grove, KY 42262

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    For Lease
    Contact for pricing

    Retail spaces available near Fort Campbell and new casino.

    Property Features for 14840 Fort Campbell Blvd

    General Information

    Standard status
    Active

    Building Details

    Year built
    24

    We can help!

    Listing Contact
    Michael Dean, Ccim, Mba
    Source: Crexi

    Listing Agency: Clarksville.com Realty Listing Agent: Michael Dean, Ccim, Mba

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

    Learn more

    Overview

    New Retail Spaces Available

    This new retail building offers eight retail spaces, ranging in size from 1522 to 12,750 square feet, suitable for business development. The property is located on Fort Campbell Boulevard, a major road with heavy traffic near Fort Campbell Kentucky Army Post. The location offers excellent business visibility and road frontage, with multiple access points and ample parking. A new Oak Grove Hotel, Racing, and Gaming Casino is situated across the street, providing adult entertainment options. A Walmart Super Center is located behind the retail building. The property is located in a commerce corridor. Additional rent is $4.75 per square foot for each space. The site plan, access, and building layout are available in pictures and document drawings.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Grove
    County
    Christian
    State
    Kentucky
    Longitude
    -87.442802
    Latitude
    36.666145

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space Near Fort Campbell

      Retail space for rent, located near Fort Campbell Military Base.
      16488 Fort Campbell Blvd, Oak Grove, KY 42262
      View Details
    • $19 SF/Yr
      7,720 SF

      New Retail Space Available

      New retail spaces available for rent, Spring 2026.
      175 Hugh Hunter Rd, Oak Grove, KY 42262
      View Details
    • $17 SF/Yr
      1,200 SF

      Retail Space Near Fort Campbell

      Retail space for lease near Fort Campbell military base.
      16488 Fort Campbell Blvd, Oak Grove, KY 42262
      View Details
    • Contact for pricing

      New Retail Building on Blvd

      Retail spaces available near Fort Campbell, Oak Grove, KY.
      14850 Fort Campbell Blvd, Oak Grove, KY 42262
      View Details
    • $14 SF/Yr

      Oak Grove Retail Opportunity

      Retail space available across from Ft. Campbell Military Base.
      16428 Ft. Campbell Blvd, Oak Grove, KY 42262
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces available near Fort Campbell and new casino.
    Where is this retail space located?
    The property is located at 14840 Fort Campbell Blvd Oak Grove, KY.
    What are key features of this property?
    This property features: - High-traffic location on Ft Campbell Blvd near Ft Campbell Kentucky Army Post.; - Proximity to new Oak Grove Hotel, Racing, and Gaming Casino.; - Located behind a Walmart Super Center.
    Request Owner's contact information
    14840 Fort Campbell Blvd Oak Grove, KY 42262
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    Oak Grove, KY 42262
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    14840 Fort Campbell Blvd Oak Grove, KY 42262
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    We can help!
    Listing Contact
    Michael Dean, Ccim, Mba
    Real Estate License ID: 219648
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