Retail Business For
For Sale
$600,000
1574 W Lincoln Trail Boulevard, Radcliff, KY 40160
2,640 SqFt retail business opportunity available for purchase.
Property Size2,640 SF
Price / SF$227.27
Days on Market171
Property Features for 1574 W Lincoln Trail Boulevard
General Information
Standard status
Active
Size
2,640 SF
Listing Agency:
RE/MAX EXECUTIVE GROUP, INC.
(502) 341-4440
Listed By:
The Bramblett Group Team · License #181411
(502) 341-4440
Source:
Exprealty
Added: Mar 6
Changed: Aug 23
Last Checked: Aug 22 at 8:24AM
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 RE/MAX EXECUTIVE GROUP, INC.
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 2,640-square-foot retail space available for sale. The property is suitable for retail purposes.
Key Highlights
- Business for sale in a conveniently sized 2,640 SqFt space.
- Built in 1981.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,166
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$583,320
$583.3K
Cap Rate 7%
$416,657
$416.7K
Cap Rate 9%
$324,067
$324.1K
Market Conditions
NOI Build-Up for 2,640 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$43.4K $16.44/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$41.7K $15.78/SF
− OpEx
−$12.5K −$4.73/SF
NOI
$29.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$583,320
Cap Rate 7%
$416,657
Cap Rate 9%
$324,067
Alternative Uses
Best Use
Retail
$416.7K
$364.6K – $486.1K
NOI $29,166 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$477.9K
$418.2K – $557.6K
NOI $33,454 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 40160, KY
23,582
Population
9,991
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
17.1 sq mi
ZIP Area
1,379
Density / Sq Mi
$59,293
Median Household Income
$34,373
Median Earnings
$889
Median Rent
$161,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 2,640 SqFt retail business opportunity available for purchase.
Where is this retail space located?
The property is located at 1574 W Lincoln Trail Boulevard Radcliff, KY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Business for sale in a conveniently sized 2,640 SqFt space.; Built in 1981.
